金价盘中走低，3990美元获支撑，黄金股ETF（159562）盘中转跌

Core Viewpoint - The spot gold price has experienced a pullback, dropping below $3990 and currently hovering around $3997 per ounce, reflecting a decline of over $50 within the day. This has negatively impacted gold-related ETFs and stocks, amidst ongoing geopolitical and economic developments, particularly the U.S.-China meeting in Busan, South Korea, which resulted in agreements on economic and trade matters, including the extension of certain tariff exclusions [1]. Group 1: Gold Market Performance - Spot gold price fell below $3990, currently around $3997 per ounce, with a daily decline exceeding $50 [1] - Gold ETFs, such as Huaxia (518850), saw their gains narrow to 0.67%, while the gold stock ETF (159562) dropped by 0.42% [1] - Holdings in major companies like Jiangxi Copper, Tongling Nonferrous Metals, and China Gold experienced significant declines [1] Group 2: Economic and Geopolitical Context - The U.S. government shutdown continues to impact market sentiment, with a lack of economic data guidance [1] - The worsening U.S. fiscal deficit and debt situation, along with increasing global tensions, have led to rising distrust in the current financial system [1] - Central banks worldwide are increasing their gold reserves, reflecting a growing recognition of gold as a safe-haven asset and a long-term store of value [1]