Core Viewpoint - The recent surge in gold and silver prices has led multiple related theme funds to implement purchase limits, with minimum investment amounts now below 10,000 RMB [2][4]. Fund Purchase Restrictions - On October 15, Huatai-PineBridge Fund announced a limit on large purchases for its gold and precious metals fund, effective from October 16, 2025, capping single-day investments at 20,000 RMB [4][6]. - Previously, on September 2, 2025, the same fund had set a limit of 50,000 RMB for large purchases [4]. - Similarly, Guotai Junan Fund announced on October 15, 2025, that it would limit regular investment amounts for its silver fund to 6,000 RMB for Class A and 40,000 RMB for Class C [4][9]. Performance of Precious Metals - Gold and silver have shown remarkable performance this year, with gold prices increasing nearly 60% and silver prices rising over 80%, both reaching historical highs [10]. - As of October 14, 2023, gold ETFs have reported returns exceeding 50%, with the Huatai-PineBridge gold fund achieving a cumulative return of 52.79% this year [10]. - The total scale of gold-themed ETFs has surpassed 200 billion RMB, with five ETFs exceeding 10 billion RMB in scale [10]. Factors Influencing Gold Prices - The recent rise in gold prices is attributed to multiple factors, including U.S. government shutdown risks, debt concerns, and expectations of interest rate cuts by the Federal Reserve [11]. - Long-term support for gold prices is provided by central banks' continued purchases and the trend of de-dollarization [11].
迭创新高!这些基金出手
中国基金报·2025-10-15 07:43