国际黄金期价上破4000美元，黄金ETF华夏(518850)逆市上涨，6个交易日“吸金”2.87亿

Core Viewpoint - The A-share market opened lower on November 7, while COMEX gold futures showed strength, trading around $4007, indicating a mixed performance in gold-related products and ongoing investor interest despite recent price corrections [1] Market Performance - A-share indices opened collectively lower, with COMEX gold futures experiencing fluctuations around $4007 [1] - Gold ETF 华夏 (518850) rose by 0.19%, and gold stock ETF (159562) increased by 0.29%, with holdings in companies like 万国黄金集团, 中国黄金国际, 湖南黄金, 招金矿业, and 紫金矿业 showing strength [1] - In contrast, the non-ferrous metals ETF (516650) declined by 0.06% [1] Fund Flows - Notably, the international gold price is currently experiencing a high-level correction around $4000, yet related ETF products continue to attract capital [1] - The gold ETF 华夏 (518850) has seen a net inflow of 287 million over six consecutive trading days, while the gold stock ETF (159562) has accumulated a net inflow of 175 million in the same period [1] Long-term Outlook - Year-to-date, the spot gold price has surged over 51%, with a peak increase of 65% in October, followed by a correction of over 8% [1] - According to Guosen Securities, long-term factors such as the restructuring of the global monetary credit system, de-dollarization trends, ongoing central bank gold purchases, and structural supply-demand imbalances are key supports for gold's price increase [1] - The recent decline does not alter the fundamental logic of gold's upward trend, suggesting that the long-term bull market for gold will continue [1]