Zheng Xing Xing Ye Ri Bao·2025-11-24 09:03Core Viewpoint - The precious metals sector experienced a decline of 0.7% on November 24, with Chifeng Gold leading the drop. The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1]. Group 1: Market Performance - The precious metals sector saw a net outflow of 44.1 million yuan from institutional investors and 60.5 million yuan from speculative funds, while retail investors had a net inflow of 105 million yuan [3][4]. - The closing prices and performance of key stocks in the precious metals sector included: - Hunan Gold: 21.80, up 2.11% - Western Gold: 25.88, up 1.85% - Sichuan Gold: 26.52, up 0.15% - Chifeng Gold: 29.77, down 1.59% [1][3]. Group 2: Fund Flow Analysis - The main fund inflows and outflows for selected stocks were as follows: - Hunan Gold: Main net inflow of 86.04 million yuan, retail net outflow of 74.25 million yuan - Shandong Gold: Main net inflow of 16.22 million yuan, retail net inflow of 0.65 million yuan - Chifeng Gold: Main net outflow of 34.42 million yuan, retail net inflow of 28.10 million yuan [4]. Group 3: ETF Information - The gold stock ETF (Product Code: 159562) tracking the CSI Hong Kong and Shanghai Gold Industry Index has seen a decline of 3.71% over the past five days, with a price-to-earnings ratio of 22.90 times. The latest share count is 1.23 billion, down by 3 million shares, with a net subscription and redemption of -6.34 million yuan [6].