国际金价盘中走低，黄金股ETF（159562）涨1.34%，近两日累计“吸金”超1.2亿元

Core Viewpoint - International gold prices experienced fluctuations and retreated, dropping below $4600, with COMEX gold futures trading around $4589 per ounce [1] Market Performance - In the secondary market, gold-related ETF products showed strength, with the Huaxia Gold ETF (518850) down 0.97% and the Gold Stock ETF (159562) up 1.34%. Notable stock performances included Shenyu Co. and Wanguo Gold Group rising over 10%, while Sichuan Gold hit the daily limit up. Other stocks like Hunan Silver and Xiaocheng Technology also saw significant gains, whereas Mingpai Jewelry faced a limit down [1] - The Precious Metals ETF (516650) increased by 1.59% [1] Fund Flows - The Gold Stock ETF (159562) has seen consecutive inflows, accumulating 121 million yuan over January 13 and 14 [1] Geopolitical Factors - According to Galaxy Securities, escalating global geopolitical conflicts may lead major powers to strengthen control and reserves of critical strategic metal resources, prompting a reshaping of global metal supply chains. This situation is expected to catalyze demand and revaluation of key strategic metal resources [1] - The logic supporting the price increase of critical strategic non-ferrous metals such as copper, tungsten, molybdenum, cobalt, and rare earth materials is likely to continue due to heightened geopolitical tensions [1] Economic Indicators - The U.S. non-farm payrolls added 50,000 jobs in December, falling short of expectations, which may raise market expectations for two interest rate cuts by the Federal Reserve in 2026. Coupled with rising geopolitical tensions, this is expected to increase market demand for safe-haven assets, benefiting gold prices [1]