Zheng Xing Xing Ye Ri Bao·2025-12-02 09:03Market Overview - The precious metals sector experienced a decline of 1.76% on December 2, with Hunan Gold leading the drop [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Individual Stock Performance - Hunan Gold (002155) closed at 21.75, down 3.12% with a trading volume of 402,500 shares and a transaction value of 8.80 million [1] - Other notable declines include: - Zhaojin Mining (000506) down 2.67% to 12.01 with a trading volume of 162,900 shares [1] - Western Gold (601069) down 2.35% to 26.62 with a trading volume of 112,100 shares [1] - Hunan Silver (002716) down 2.24% to 6.56 with a trading volume of 1.9727 million shares and a transaction value of 1.301 billion [1] Fund Flow Analysis - The precious metals sector saw a net outflow of 393 million yuan from institutional investors, while retail investors contributed a net inflow of 331 million yuan [3] - Key fund flow details include: - Shandong Gold (600547) had a net outflow of 6.1697 million yuan from institutional investors [3] - Hunan Silver (002716) experienced a net outflow of 59.8622 million yuan from institutional investors but a net inflow of 130 million yuan from retail investors [3] ETF Information - The Gold Stock ETF (product code: 159562) tracks the CSI Hong Kong and Shanghai Gold Industry Stock Index and has seen a 5-day change of 3.13% [5] - The ETF's current price-to-earnings ratio is 22.74, with a total of 1.24 billion shares, reflecting an increase of 1 million shares and a net subscription of 2.106 million yuan [5]