我国央行14连增黄金储备，黄金ETF华夏(518850)震荡回升涨0.26%

Core Viewpoint - The article discusses the recent fluctuations in gold prices and the increasing gold reserves in China, highlighting the impact of geopolitical risks and monetary policy on the gold market [1]. Group 1: Gold Price Movements - On January 8, COMEX gold futures experienced a sharp decline followed by a rebound, currently trading around $4,458 [1]. - As of 10:00 AM, the performance of gold-related ETFs showed mixed results, with the Huaxia Gold ETF (518850) up 0.26% and the Gold Stock ETF (159562) up 0.39%, while the Nonferrous Metals ETF (516650) turned down by 0.34% [1]. Group 2: China's Gold Reserves - According to data from China's foreign exchange bureau, the country's gold reserves reached 74.15 million ounces by the end of December 2025, an increase of 30,000 ounces, marking the 14th consecutive month of growth [1]. Group 3: Market Analysis - Wang Qing, Chief Macro Analyst at Dongfang Jincheng, noted that with the Federal Reserve continuing to lower interest rates and global geopolitical risks remaining high, international gold prices are likely to maintain an upward trend [1]. - The recent increase in central bank gold purchases is attributed to changes in the global political and economic landscape following the new U.S. administration, suggesting that the necessity to pause gold accumulation for cost control is decreasing while the need to optimize international reserve structures is increasing [1].