Core Viewpoint - The gold and silver stocks are experiencing a significant upward trend, driven by macroeconomic policies and political risks, with notable increases in ETF investments and stock prices [1][4][5]. Group 1: Stock Performance - The CSI Hong Kong-Shenzhen Gold Industry Stock Index (931238) rose by 3.03%, with key stocks such as Silver Industry (601212) up by 10.09%, Western Gold (601069) up by 10.00%, and Jiangxi Copper (00358) up by 7.88% [1]. - The Gold Stock ETF (517520) increased by 2.81%, with a cumulative rise of 10.03% over the past week as of September 2, 2025 [1][2]. Group 2: Fund Inflows - The Gold Stock ETF has seen continuous net inflows over the past six days, totaling 1.346 billion yuan, with a peak single-day inflow of 561 million yuan [3]. - The latest scale of the Gold Stock ETF reached 6.835 billion yuan, marking a one-year high and ranking it first among comparable funds [2]. Group 3: Market Drivers - The recent surge in gold and silver prices is attributed to expectations of macroeconomic policy changes and political risks, particularly the dovish shift from the Federal Reserve and concerns over its independence due to political maneuvers [4][5]. - Factors such as fluctuating dollar interest rate expectations, geopolitical tensions, and ongoing central bank gold purchases are supporting gold prices [5].

Group 1 - International gold prices have reached a new historical high, with COMEX gold hitting $3552.4 per ounce, surpassing the previous peak of $3534.1 set in early August [1] - In August, international precious metals showed strong performance, with gold increasing by 4.78% and silver rising by 8.12%, closing at $3446.805 and $39.67 per ounce respectively [2] - COMEX silver prices also surged, reaching $41.480 per ounce, marking a new record [3] Group 2 - The recent rise in gold and silver prices is attributed to various factors, primarily driven by risk aversion and speculation regarding the Federal Reserve's monetary policy [4][5] - The expectation of a more accommodative monetary policy from the Federal Reserve has increased the likelihood of a rate cut in September, leading to a decline in the dollar index and a subsequent rise in gold prices [5] - The industrial demand for silver is projected to exceed 55%, particularly due to its applications in the renewable energy and electronics sectors, contributing to upward price pressure [5] Group 3 - Short-term forecasts suggest that precious metal prices may remain strong due to increasing expectations of further rate cuts by the Federal Reserve and rising geopolitical uncertainties [6] - Technical analysis indicates that COMEX gold may target the $3550 region, while COMEX silver could face resistance around $42 [6] - Market volatility is influenced by the Federal Reserve's monetary policy changes and geopolitical tensions, with a focus on upcoming employment statistics and the Fed's policy meeting [7]

Core Viewpoint - The article highlights the recent performance of the A-share market, focusing on the surge in specific sectors such as precious metals and electric power stocks, alongside significant corporate developments like the acquisition of a majority stake in a company. Group 1: Market Overview - On July 14, the A-share market opened with all three major indices rising, with the Shanghai Composite Index up by 0.35%, while the Shenzhen Component and ChiNext indices fell by 0.14% and 0.67% respectively [2] - Precious metal stocks experienced a rally, while sectors like multi-finance, stablecoins, and real estate showed fluctuations [4] Group 2: Corporate Developments - On July 8, Upwind New Materials announced that Zhiyuan Robotics would acquire at least 63.62% of its shares, leading to a change in the controlling shareholder and actual controller to Deng Taihua and his core team, including Zhi Hui Jun [5] Group 3: Precious Metals Sector - Precious metal stocks saw significant gains, with Hunan Silver achieving two consecutive trading limits, and companies like Zhongjin Gold and Shengda Resources also rising [8] - Recent market conditions have driven the price of silver to exceed $38 per ounce, marking the highest level since 2011 [9] - Analysts noted that the increase in tariffs has heightened demand for safe-haven assets, contributing to the bullish trend in precious metals [11] Group 4: Electric Power Sector - Electric power stocks collectively rose, with companies like Jiantou Energy and YN Holdings hitting their daily price limits [13] - The surge in the electric power sector is attributed to the upcoming summer peak in electricity demand and expectations surrounding supply-side reforms [14] - A report from the China Electricity Council forecasts a 5% to 6% year-on-year growth in national electricity consumption by 2025 [14]