The non-ferrous metals sector has seen a major surge, with the Gold Stocks ETF (159562) and the Non-Ferrous Metals ETF Fund (516650) skyrocketing by 4%. The gold ETF with the lowest fees, Huaxia Gold ETF (518850), recorded a net inflow of over 300 million

Gelonghui, December 1 – Last Friday, the global non-ferrous metals sector surged significantly, with copper, silver, and gold all gaining strength. Today, the non-ferrous metals sector in China’s A-share market took the lead, with Gold Stocks ETF and Non-Ferrous Metals ETF both rising over 4.4%, accumulating year-to-date gains of 87% and 81%, respectively. Key developments include: 1) Amid growing expectations of a Fed rate cut in December, spot gold rose 5.9% in November, once breaking through $4,240 per ounce. During Asian trading hours, gold prices edged higher, with spot gold still quoted above $4,220 per ounce. 2) International spot silver historically surpassed $55 per ounce, with year-to-date gains exceeding 90%. 3) Copper futures on the London Metal Exchange...

Gelonghui FinanceDec 1 10:06

Fed officials sent dovish signals, fueling expectations of interest rate cuts, with gold stock ETFs, gold equity ETFs, gold ETFs, and precious metals ETFs rising.

COMEX gold futures rose 1%, reaching $4,141.8 per ounce. By midday, gold stock ETFs and gold equity ETF funds surged over 3%; gold equity ETF funds, gold stock ETFs, and gold equity ETFs increased by more than 2.7%; while BOC Shanghai Gold ETF, Gold ETF, Shanghai Gold ETF, Gold ETF, Shanghai Gold ETF Harvest, Gold ETF Huaxia, Gold ETF AU, Gold ETF Fund, Gold Fund ETF, and Gold ETF Fund climbed over 1.7%. Gold ETFs are anchored to physical gold, with their underlying assets being gold spot contracts from the Shanghai Gold Exchange, directly reflecting...

Gelonghui FinanceNov 25 12:08

Expectations of interest rate cuts are rising, with Gold Stocks ETF (159562) and Gold ETF Huaxia (518850) gaining traction as funds continue to show net inflows year-to-date! Bank of America: Gold prices may reach $5,000 by 2026.

Gelonghui, November 25th | Boosted by hopes of a Fed rate cut, gold rose with COMEX gold up more than 1%, trading at $4,141 per ounce. As of press time, the gold stock ETF surged 2.75%, with a year-to-date increase of 79.61%; the Huaxia Gold ETF climbed 1.83%, with a year-to-date gain of 52.68%. On the news front, Fed officials issued dovish signals supporting a December rate cut, strengthening market expectations for easing policies. According to CME’s FedWatch tool: the probability of a 25-basis-point rate cut in December by the Fed stands at 82.9% (compared to 69.4% yesterday), while the likelihood of maintaining the current interest rate is 17.1%. ANZ Bank.

Gelonghui FinanceNov 25 10:43

ETF Review | Gains in gold stocks expanded in the afternoon, with the gold stock ETF rising by 4.79%.

Gelonghui, November 19 — The SSE Composite Index closed up 0.18%, while the ChiNext Index rose 0.25%. The total trading volume of the Shanghai, Shenzhen, and Beijing markets amounted to RMB 1.7427 trillion, representing a decline of RMB 203.3 billion compared to the previous trading day. Over 4,100 stocks across the entire market fell. The non-ferrous metals sector led the gains, with strength also seen in oil, chemicals, banking, defense, and aquaculture industries. Technology stocks experienced a broad-based pullback, with notable declines in computing hardware, AI applications, and stablecoin-related sectors; photovoltaics and real estate also posted significant losses. In terms of ETFs, gold-related equities extended their gains in the afternoon session, with the Yongying Fund Gold Stock ETF, Guotai Fund Gold Stock ETF, and China AMC Gold Stock ETF rising by 4.79%, 4%, respectively.

Gelonghui FinanceNov 19 15:09

ETF Midday Review | AI application declines, Film ETF and Cultural Media ETF down 2.8%

Gelonghui, November 19th | The A-share market rebounded after an initial rise, with mixed performance among the three major indices. As of midday, the Shanghai Composite Index fell by 0.04%, the Shenzhen Component Index declined by 0.32%, and the ChiNext Index rose by 0.12%. The Beijing Stock Exchange 50 Index dropped by 1.52%. The total trading volume in the Shanghai, Shenzhen, and Beijing markets reached 1.1157 trillion yuan in the morning session, representing a decrease of 180.4 billion yuan compared to the previous session. Over 4,500 stocks in the entire market recorded declines. In terms of sector performance, lithium mining remained actively traded, while military equipment, CPO, and oil sectors strengthened. Meanwhile, Hainan Free Trade Zone, photovoltaic, AI applications, innovative pharmaceuticals, and stablecoin-related sectors saw declines. Regarding ETFs, the Nasdaq Biotech ETF led gains with a rise of 3.92%.

Gelonghui FinanceNov 19 11:40

Gold rebounds after a four-day losing streak! The gold stock ETF with the lowest fees rises nearly 2%, and the Huaxia Gold ETF increases by 1.2%, recording '14 consecutive inflows of capital'.

Gelonghui, November 19 — Gold, which had briefly fallen below $4,000 yesterday, rebounded today, driving gold stock ETFs up nearly 2% and the Huaxia Gold ETF up by 1.2%. After four consecutive declines in COMEX gold, with a cumulative correction of 3.4%, New York gold staged a V-shaped reversal during the tail-end of trading and continued its upward momentum today. Both spot gold and New York futures gold surged past $4,080 per ounce. The fundamental drivers sustaining gold's upward trend are: geopolitical conflict as a safe-haven asset, independence from sovereign credit constraints, weakening dollar credibility, continuous central bank gold purchases, and the Federal Reserve initiating an interest rate cut cycle. The recent pullback is attributed to market over-consensus leading to overbought conditions, combined with liquidity tightening and expectations of a Fed rate cut in December.

Gelonghui FinanceNov 19 11:14