有色金属市场热度持续攀升！有色金属 ETF (159871) 飙涨 3%！

Core Viewpoint - The precious metals sector is experiencing a significant rally, driven by high trading activity in the domestic commodity futures market and rising gold prices, with a bullish outlook for the sector in the long term [1] Market Performance - On January 23, the Shanghai and Shenzhen markets showed an upward trend, with the precious metals sector collectively surging [1] - The non-ferrous metal ETF (159871) rose by 3.02%, while individual stocks such as Silver Industry, Tongling Nonferrous Metals, and Xinyi Silver Tin increased by over 9% [1] - Other notable gainers included Hunan Silver, Guocheng Mining, and Chihong Zn & Ge, which rose by more than 8% [1] Commodity Price Trends - The commodity futures market has seen high trading activity recently, with most non-ferrous metal varieties rising [1] - Gold prices have reached historical highs, with COMEX gold futures touching $4934.30 per ounce on January 22 [1] - Goldman Sachs has raised its year-end target price for gold to $5400 per ounce, anticipating monthly purchases of 60 tons by central banks and an increase in gold ETF holdings due to expected interest rate cuts by the Federal Reserve [1] Demand Drivers - The Shanghai government has released an action plan to enhance the linkage between spot and futures markets for non-ferrous metals, aiming to include eligible non-ferrous metal futures and options in the scope of opening up [1] - The plan encourages participation from industries such as automotive production, construction, and home appliance manufacturing in the futures and OTC derivatives markets, which is expected to help release industry demand and manage risks [1] Investment Opportunities - The long-term positive trend in the non-ferrous metals sector is expected to continue, with a recommendation to focus on the non-ferrous metal ETF (159871) to capture structural opportunities [1]