停火将至？金价巨震！调整只是“黄金坑”？上海金ETF(159830)近10日“吸金”近1.6亿元，花旗、世界黄金协会齐撑金价

Group 1 - Shanghai Gold ETF (159830) experienced a significant pullback, dropping over 5% with a transaction volume of 27.94 million yuan as of October 22, 2025 [3] - The latest share count for Shanghai Gold ETF reached 166 million, marking a one-month high as of October 21 [3] - The net inflow of funds into Shanghai Gold ETF was 11.84 million yuan, with a total of nearly 160 million yuan attracted over the last 10 trading days [3] Group 2 - The Shanghai Gold ETF closely tracks Shanghai Gold (SHAU.SGE) and has a management fee of 0.25% and a custody fee of 0.05%, both lower than the average for similar products [3] - The ETF supports T+0 trading, enhancing liquidity for investors [3] Group 3 - European leaders issued a joint statement on October 21 supporting negotiations for a ceasefire in the Russia-Ukraine conflict, emphasizing opposition to the use of force to change international borders [3] Group 4 - On October 22, spot gold prices experienced significant volatility, initially dropping nearly 3% to $4,003 per ounce before rebounding above $4,100 [4] - The fluctuations were attributed to technical adjustments and reduced safe-haven demand due to expectations of a ceasefire in geopolitical conflicts, while global central bank gold purchases and expectations of Federal Reserve easing supported the rebound [4] - Citibank forecasts that the end of the U.S. government shutdown and the announcement of a U.S.-China agreement may lead gold to enter a consolidation phase over the next 2-3 weeks [4] - The World Gold Council suggests that only a major liquidity crisis could disrupt both gold and stock markets, but currently, there are no signs of significant breakdowns in the credit and banking systems, indicating gold's resilience [4]