黄金股ETF涨近2%，黄金ETF华夏涨1.2%，录14连吸金

Core Viewpoint - Gold prices experienced a rebound after a recent decline, driven by geopolitical tensions, weakening dollar credit, and central bank gold purchases, despite uncertainties surrounding the Federal Reserve's interest rate decisions [1] Group 1: Market Performance - Gold prices fell below $4,000 but rebounded, with gold stocks ETF rising nearly 2% and the Hua Xia Gold ETF increasing by 1.2% [1] - COMEX gold saw a four-day decline, totaling a 3.4% drop, before a V-shaped reversal occurred, with spot gold and New York futures both surpassing $4,080 [1] - The recent market correction was attributed to overbought conditions and tightening liquidity, with COMEX gold experiencing a 6% decline from October 21 to November 18 [1] Group 2: Future Projections - Goldman Sachs set a gold price target of $4,440 for Q1 2026, while Morgan Stanley predicts a rise to $4,500 by mid-2026 [1] - Despite uncertainties regarding the Federal Reserve's December rate cut, the initiation of a rate-cutting cycle remains unchanged, and market liquidity is expected to improve with the U.S. government reopening and the cessation of balance sheet reduction on December 1 [1] Group 3: Investment Trends - There was a significant net inflow into gold ETFs, with a net inflow of 1.777 billion yuan into the SGE gold 9999 tracking ETF, and the Hua Xia Gold ETF seeing a net inflow of 138 million yuan over 14 consecutive trading days, totaling 824 million yuan [1] - The Hua Xia Gold ETF (518850) has a low comprehensive fee rate of 0.2% and allows T+0 trading, while the gold stock ETF (159562) also has a 0.2% fee and focuses on gold and copper stocks [2]