今年年内46次创新高，黄金ETF华夏(518850)成交明显放量

Core Insights - The A-share market experienced a collective decline, with the three major indices opening lower and further expanding their losses. Meanwhile, COMEX gold prices continued to show strength, trading around $4,371 per ounce. [1] - Year-to-date, international gold prices have risen over 60%, with 46 new historical highs reached this year. This surge is attributed to geopolitical tensions, aggressive interest rate cut expectations, central bank purchases, de-dollarization trends, and concerns over potential U.S. government shutdowns. [1] - HSBC's commodity outlook report indicates that the upward momentum for gold is expected to continue until 2026, driven by strong central bank demand for gold, long-term concerns about U.S. fiscal health, and expectations for further monetary easing. [1] - The management and custody fees for the Hua Xia Gold ETF (518850) and Gold Stock ETF (159562) are at a competitive rate of 0.2%, which is among the lowest in their category, facilitating lower-cost participation for investors in the gold market. [1] Market Performance - As of 13:55, the Hua Xia Gold ETF (518850) increased by 3.56%, with a trading volume of 1.7 billion, indicating significant capital inflow. [1] - The Gold Stock ETF (159562) rose by 0.79%, while the Non-ferrous Metals ETF (516650) fell by 0.95%. [1]