Core Viewpoint - The gold ETF (518800) has seen a rise of over 0.1% on January 13, with a net inflow of nearly 1.6 billion yuan in the past 10 days, highlighting the market's focus on gold as a safe-haven asset [1] Group 1: Market Trends - Concerns about stagflation in the global economy by 2026 are rising, with increasing resource prices pushing up production costs, leading to renewed interest in gold as a traditional safe-haven asset [1] - Gold prices are expected to strengthen significantly by 2025 due to continued central bank purchases, rising fiscal pressures, and a global trend towards de-dollarization, with a cumulative increase of over 60% anticipated [1] Group 2: Price Forecast - According to the World Gold Council, gold prices may experience moderate increases after consolidation in 2026, with an expected trading range between $3,750 and $5,000 per ounce [1] - In the context of macroeconomic uncertainty, proactive fiscal policies, and high global debt levels, gold is seen as an effective hedge against currency depreciation and debt monetization risks [1] Group 3: Investment Recommendations - In the medium to long term, the price of gold is expected to trend upwards, suggesting that investors may consider participating in subsequent pullbacks and gradually accumulating positions [1] - Direct investment in physical gold and tax-exempt gold ETF (518800), as well as gold stock ETF (517400) covering the entire gold industry chain, are recommended for investors [1]
黄金基金ETF（518800）收红，近10日资金净流入近16亿元，黄金避险价值受市场关注
Sou Hu Cai Jing·2026-01-13 09:47