金价迎史诗级巨震！上海金ETF(159830)近5日净流入1.68亿元，机构：黄金阶段性回调不改长期支撑逻辑

Core Viewpoint - The recent significant drop in gold prices is attributed to multiple factors, including the hawkish nomination of Kevin Warsh as the Federal Reserve Chairman, which dampened market expectations for interest rate cuts and led to a strong rebound in the US dollar, negatively impacting gold's appeal as a non-yielding asset [2] Product Highlights - Shanghai Gold ETF (159830) closely tracks Shanghai Gold (SHAU.SGE) with a management fee of 0.25% and a custody fee of 0.05%, both lower than the average for similar products; it also supports T+0 trading [1] Market Events - The global gold market experienced a historic shock, with spot gold prices falling over 10% to $4,884.36 per ounce, marking the largest single-day drop since April 1, 1980; domestic gold T+D and Shanghai gold futures also saw significant corrections [1][2] Institutional Perspectives - Ping An Securities notes that gold prices are experiencing wide fluctuations, with short-term volatility expected to continue; however, long-term trends suggest that unresolved US debt issues and weakening dollar credibility will support gold prices [2] - CITIC Securities forecasts that precious metals will benefit from the continued resonance of monetary attributes and risk aversion, predicting gold prices could reach $6,000 per ounce by 2026 [2]