黄金再创新高！华安黄金ETF（518880）单日成交近44亿领跑同类，资金加速涌入

Core Viewpoint - The A-share market experienced a strong rebound on September 29, with the Shanghai Composite Index rising nearly 1% and the ChiNext Index increasing by almost 3%, indicating a positive market sentiment towards investments, particularly in gold ETFs [1]. Group 1: Market Performance - The Huazhang Gold ETF (518880) closed at 8.259 yuan, with a daily increase of 1.21% and a trading volume of 4.381 billion yuan, leading the category of gold ETFs in terms of scale [1][2]. - Despite a net outflow of 721 million yuan over the past 60 trading days, there has been a significant inflow of funds in the short to medium term, with net inflows of 4.112 billion yuan over the last 20 days and 1.188 billion yuan over the last 10 days [2]. Group 2: Gold Price Dynamics - The international gold market has shown strong performance, with spot gold prices surpassing 3,800 USD per ounce, contributing to the bullish sentiment in domestic gold ETFs [1][3]. - Factors driving the increase in gold prices include rising global investment demand and heightened market risk aversion due to potential U.S. government shutdowns and challenges to the Federal Reserve's monetary policy independence [3]. Group 3: Investment Outlook - Goldman Sachs has a bullish long-term outlook for gold prices, predicting they could reach 4,000 USD per ounce by 2026, with potential scenarios suggesting prices could rise to 4,500 USD or even 5,000 USD under extreme conditions [3]. - The Huazhang Gold ETF, established in July 2013, has a current circulation scale of 65.627 billion yuan and a cumulative return rate of 208.28%, making it a core tool for investors looking to allocate gold assets [4].