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Gold and silver: a path to hell or a gateway to heaven?
Global capital is defining a new era.
ETF Review | A-Share Market Surges in the Afternoon, China-Korea Semiconductor ETF Soars by 8%
Gelonghui, February 3rd | The three major A-share indices collectively rose today. By the close of trading, the Shanghai Composite Index was up 1.29%, the Shenzhen Component Index increased by 2.19%, the ChiNext Index gained 1.86%, and the Beijing Stock Exchange 50 Index surged by 3.27%. The total trading volume of the Shanghai, Shenzhen, and Beijing markets reached 2.5656 trillion yuan, a decrease of 41 billion yuan compared to the previous day, with over 4,800 stocks rising across the three markets. In terms of sector performance, notable gains were observed in photovoltaic equipment, CPO, commercial aerospace, construction machinery, rare earth magnets, cloud gaming, memory chips, lab-grown diamonds, and propylene oxide. Meanwhile, banks, insurance, and agricultural products sectors lagged behind. Regarding ETFs, the memory chip sector saw significant growth, led by Huatai Bai Rui.
Express News | Precious metals continued their strong performance as spot silver prices surged, reaching $117 per ounce.
Why Are Nonferrous Metals So Volatile
Scale surged by 771%.
Express News | Gold surpasses $5,000 per ounce, with the Gold Stock ETF (159562) surging 5%.
What are investors buying this year? Billions flow into two types of ETFs.
①Under the bull market mindset of "buying more as prices rise," non-ferrous metals and power grid equipment have become the strongest investment themes, with two ETFs recording net inflows exceeding 10 billion yuan each; ②Fund managers assess the future market, stating that the medium to long-term fundamentals for non-ferrous metals and chemicals remain unchanged, but caution against short-term volatility risks; the allocation value of gold remains prominent.