Group 1 - The core viewpoint of the articles indicates a strong market outlook for gold, driven by expectations of interest rate cuts from the Federal Reserve, which is likely to support gold prices in the short to medium term [1] - As of August 1, the COMEX gold futures contract rose by 2.32% to $3416 per ounce, reflecting a positive trend in gold prices amid weaker-than-expected U.S. employment data [1] - The Gold ETF (518800) tracks the Au99.99 gold spot index, which directly reflects the price movements of gold contracts on the Shanghai Gold Exchange, indicating the influence of global macroeconomic fluctuations and monetary policy on gold asset values [1] Group 2 - Investors without stock accounts are encouraged to consider the Guotai Gold ETF Link A (000218) and Guotai Gold ETF Link C (004253) as alternative investment options [2]

Group 1 - The core viewpoint is that ongoing central bank gold purchases amid global geopolitical instability will support the gold market in the medium to long term [1] - Geopolitical uncertainty and central bank demand for gold are expected to continue to bolster the gold market [1] - The gold ETF (518800) tracks the spot gold index (AU0004), reflecting the trading price changes of high-purity gold bars in the Shanghai Gold Exchange [1] Group 2 - The index captures real-time trading data of 99.99% pure gold, showcasing the commodity and financial attributes of gold [1] - Price fluctuations of the index are purely based on global supply and demand dynamics, unaffected by industry or style factors [1] - Investors without stock accounts can consider the Guotai Gold ETF Link A (000218) and Guotai Gold ETF Link C (004253) [1]