创业板翻红，半导体拉升、银行股逆势走强，金饰克价冲上1100元

Market Overview - The A-share market experienced fluctuations on September 23, with the Shanghai Composite Index recovering above 3800 points, while the Shenzhen Component Index saw a slight decline. The Shanghai index closed down 0.18%, and the Shenzhen index down 0.29%, while the ChiNext Index rose by 0.21% [1][2]. Sector Performance - The semiconductor sector led the market gains, with notable performances from companies like Changchuan Technology and Demingli, which saw significant price increases. The banking sector also showed resilience, with several banks, including Nanjing Bank and Industrial and Commercial Bank of China, posting gains of over 3% [3][4][5][6]. Gold Market Dynamics - International gold prices continued to rise, reaching historical highs, with COMEX gold nearing $3800 per ounce and London gold surpassing $3750 per ounce. This upward trend has influenced domestic gold jewelry prices, which have increased to around 1100 yuan per gram [11][12][14]. Strategic Insights - According to China International Capital Corporation (CICC), the overall market may experience high-level fluctuations, with a focus on structural opportunities. The report suggests that while certain sectors like e-commerce are crowded, others like banking and insurance are at relatively low levels, indicating potential for investment [10]. Investment Sentiment - The long-term outlook for gold remains positive due to factors such as de-dollarization and expectations of a Federal Reserve rate cut. The market sentiment is bolstered by central bank gold purchases and a shift in silver's role from an industrial commodity to a valuable asset, driven by technological advancements [14].