上海金ETF（159830）涨超2.3%，上周获资金净流入超8100万元，机构：黄金长期避险和投资优势凸显

Core Viewpoint - The A-share market indices rose collectively in early trading on October 21, indicating positive market sentiment amid fluctuating economic conditions and rising gold prices [1]. Group 1: ETF Performance - The Shanghai Gold ETF (159830) increased by 2.37%, with a trading volume exceeding 69 million and a turnover rate over 4% [2]. - The ETF saw a net inflow of over 81 million in the week from October 13 to October 19, reflecting strong investor interest [2]. - The management fee for the Shanghai Gold ETF is 0.25%, and the custody fee is 0.05%, both lower than the average for similar products, and it supports T+0 trading [2]. Group 2: Gold Market Dynamics - International gold prices have surged recently, with New York gold futures reaching a historical high of $4,392 per ounce [2]. - Consumer buying habits for gold are changing globally due to sustained high prices [2]. - The long-term investment and hedging advantages of gold are becoming more prominent, with expectations of continued growth in demand for gold jewelry driven by rising prices and changing consumer preferences [3]. Group 3: Economic Indicators - The KBW regional bank index in the U.S. fell over 4%, marking its lowest level since August, with significant declines in regional bank stocks [3]. - The VIX index, known as the "Wall Street fear gauge," spiked over 22% on October 16, indicating heightened market volatility [3]. - U.S. economic growth signals are being distorted by trade policies and net export fluctuations, complicating the economic outlook [3].