COMEX黄金价格继续上行突破新高，关注黄金基金ETF（518800）

Core Viewpoint - The recent increase in gold prices and the Federal Reserve's interest rate cut signal a favorable environment for gold investments, particularly in gold ETFs [1] Group 1: Market Performance - Gold Fund ETF (518800) rose by 1.22% on September 29, while Gold Stock ETF (517400) increased by 3.5% on the same day [1] - COMEX gold prices have reached a new high, peaking at 3849 [1] Group 2: Federal Reserve Actions - The Federal Reserve has initiated its first interest rate cut, with officials expressing differing views but overall leaning towards dovish stances [1] - Fed Chairman Jerome Powell indicated that increasing risks in the job market were key factors in the decision to cut rates [1] - Vice Chairman Bowman emphasized the necessity for further rate cuts due to the fragility of the job market [1] - Bessent urged the Fed to consider a rate cut of 100 to 150 basis points by the end of the year [1] Group 3: Long-term Outlook - The commencement of a rate-cutting cycle by the Federal Reserve, increasing macroeconomic uncertainties abroad, and the global trend of "de-dollarization" are expected to support gold prices in the medium to long term [1] - The investment value of gold remains promising, with recommendations for investors to consider Gold Fund ETF (518800) and Gold Stock ETF (517400) [1]