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The gold stock ETF has risen by 60% this year.
According to Jinsuo Finance, after three months of fluctuating adjustments, gold has welcomed a strong rise again. Today, the spot gold price in London, UK, remains above $3500 per ounce, while related ETFs are in high demand. Data shows that as of the close on September 4, there are 14 commodity gold ETFs and 6 stock gold ETFs in the entire market, with gold ETFs yielding about 30% this year, and stock gold ETFs yielding about 60% this year. The gold zone in A-shares and Hong Kong stocks has collectively benefited, with more than 10 gold stocks doubling in price this year. However, industry insiders remind that the recent rise in gold has been significant, and the risk of short-term fluctuations has increased.