2 1 Shi Ji Jing Ji Bao Dao·2025-10-15 11:17Group 1 - Gold prices reached a new high of $4,200 per ounce on October 15, with 43% of surveyed investors considering "going long on gold" as the most crowded trade, surpassing the 39% for "going long on the seven major US stocks" [1][3] - The significant inflow into gold ETFs has led to their total scale exceeding 200 billion yuan this year, prompting some fund companies to impose large purchase limits [1][3] - The average net asset value growth rate for gold-themed ETFs this year is 66%, with some funds seeing increases over 100% [3] Group 2 - Fund companies like Huatai-PineBridge and Guotai Junan have announced restrictions on large purchases of gold and silver funds to protect investors, with limits set at 20,000 yuan for certain funds [2] - The weighted average allocation to gold among global investors is only 2.4%, indicating a low actual investment despite high interest in gold as a safe haven [4] Group 3 - Major banks have raised margin requirements for gold trading due to increased volatility in gold prices, advising clients to manage their positions carefully [5][8] - Adjustments to minimum purchase amounts for gold accumulation products have been made by several banks, reflecting the changing market conditions [7][8]