美联储降息落地，金ETF(159834)上涨0.77%，加皇银行：未来两年黄金仍有上涨空间

Group 1 - The core viewpoint of the news highlights the significant rise in the gold sector, with the gold ETF (159834) increasing by 0.77% and a year-to-date gain of 54% [1] - The Southern China Securities Hong Kong Gold Industry Stock Index A (021958) has shown an impressive year-to-date increase of 77.138% as of December 10 [1] - The price of spot gold surpassed $4,240 per ounce during the Asian trading session, reflecting a 0.28% increase, following a 0.53% rise in the New York session [1] Group 2 - The Federal Reserve's announcement of a 25 basis point rate cut marks its third reduction this year, which is expected to boost gold prices as it lowers the opportunity cost of holding gold [1] - High inflation in the U.S. continues to make gold an attractive hedge against inflation [1] - The Royal Bank of Canada forecasts that gold will have further upside over the next two years, with an average price of $4,600 per ounce by 2026 and a projected price of $4,800 per ounce by the end of 2026 [1] Group 3 - The gold ETF (159834) closely tracks the spot price of gold on the Shanghai Gold Exchange, offering high transparency and liquidity, with a latest scale of 1.332 billion yuan, reflecting an increase of over 160% since the beginning of the year [2] - Investors without stock accounts can access gold investments through off-market linked funds [2]