金银铜价格回调，机构：权益端涨幅滞后，板块中期上涨可期

Group 1 - The non-ferrous metal sector showed mixed performance, with notable gains in companies like Xingye Silver Tin, which rose over 8%, while others like Baotai Co. and Jiangxi Copper fell over 2% [1] - The non-ferrous mining ETF (159690) increased by 0.71%, reaching a new high since its listing, with a net inflow of approximately 45 million yuan over the past eight trading days [1] - Major metal prices experienced a pullback, with COMEX gold and silver down by 0.3% and 0.75%, respectively, and LME copper and aluminum down by 0.55% and 0.40% [1] Group 2 - The non-ferrous mining ETF closely tracks the non-ferrous mining index, investing in companies with significant upstream mineral resources, such as Northern Rare Earth, Zijin Mining, and Huayou Cobalt [2] - Historically, the non-ferrous mining index saw a 104.84% increase in 2025, outperforming the non-ferrous metal industry index, which rose by 94.73% [2] Group 3 - Analysts from Baocun Futures noted that the recent monetary policy decisions by the US and Japan have improved market risk appetite and restored liquidity, leading to a global asset rally [1] - Dongfang Securities indicated that the equity performance of gold, copper, aluminum, and iron has lagged behind commodity prices, suggesting potential for mid-term price increases driven by demand [1]