没有股票账户的投资者可关注国泰黄金ETF联接A（000218），国泰黄金ETF联接C（004253）。 注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不预示 未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不 构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相 匹配的产品。基金有风险，投资需谨慎。 每日经济新闻 消息面上，2025年12月1日中国黄金集团宣布定点帮扶河南省新蔡县，并联合香港公司向香港大埔灾区 捐款200万港元；12月3日灵宝黄金披露老湾金矿区金金属量达54.51吨，资源储备进一步扩大；12月5日 世界黄金协会数据显示全球央行购金需求持续创新高，凸显对黄金的战略配置意愿。同期，中国黄金协 会发布前三季度国内黄金产量同比增长1.39%至271.782吨。 中信建投指出，黄金、白银和原油的VIX下降，铜的VIX抬升。经济偏弱、美元走弱、市场波动增加， 中长期依然看多黄金。历史上黄金与美元指数负相关，黄金与美国实际利率负相关；近期美元指数下 降、实际利率抬升。地缘政治威胁指数下降、黄金 ...

Group 1 - The short-term market faces significant uncertainty due to unclear tariff and monetary policies, while the medium-term outlook suggests a continued weakening of the US economy and a clear direction towards interest rate cuts [1] - Recent high short-term price increases may be digested, with renewed recession concerns arising from tariff policy normalization and weaker-than-expected non-farm data, leading to heightened expectations for interest rate cuts and increased market risk aversion [1] - The long-term outlook remains bullish for gold, supported by multiple factors including geopolitical conflicts, a weakening dollar, expectations of interest rate cuts, and ongoing gold purchases by non-US central banks [1] Group 2 - The Gold ETF (518800) tracks the spot price of gold (Au99.99 contract) and is designed to reflect real-time price changes of high-purity gold, providing a convenient tool for investors to hedge against inflation risks [1] - Investors without stock accounts can consider the Guotai Gold ETF Link A (000218) and Guotai Gold ETF Link C (004253) as alternative investment options [1]