黄金股票ETF（517400）盘中飘红，连续3日迎资金净流入，资金逢低布局

Group 1 - The core viewpoint indicates that gold prices are unlikely to peak at the beginning of a rate-cutting cycle, as they are still in the early stages of this cycle [1] - In the medium to long term, the current market conditions driven by the Federal Reserve's initiation of a rate-cutting cycle, increasing uncertainty in overseas macro policies, and the global trend of de-dollarization are supportive of gold prices, suggesting a strategy of gradual accumulation during dips [1] - The Gold Stock ETF (517400) tracks the SSH Gold Stock Index (931238), which selects larger market capitalization companies involved in gold mining, smelting, and sales, covering the entire gold industry chain [1] Group 2 - The index constituents are primarily concentrated in the precious metals and industrial metals sectors, reflecting the overall performance of publicly traded securities related to the gold industry [1] - The index has a high industry concentration, which allows it to comprehensively represent the performance of gold-related listed securities [1]