黄金股票ETF（517400）涨超1.7%，黄金长期支撑持续

Group 1 - The core viewpoint indicates that gold may experience a short-term pullback due to factors such as the easing of the Russia-Ukraine conflict, but the long-term fundamentals supporting precious metals remain unchanged [1] - The initiation of a Federal Reserve rate cut cycle, challenges to the US dollar credit system, and the global trend of "de-dollarization" are expected to continue supporting gold prices [1] - Central bank gold purchasing trends are likely to persist, and international geopolitical situations remain uncertain, which could impact gold prices [1] Group 2 - The Gold Stock ETF (517400) tracks the SSH Gold Stock Index (931238), which selects listed companies involved in gold mining, refining, and sales from the Shanghai and Shenzhen markets [1] - This index has a mid-to-small market capitalization style and also includes leading companies, reflecting the overall performance of listed securities in the gold industry [1] - The index exhibits high industry concentration, which allows it to effectively represent the performance of gold-related listed companies [1]