Gold Boom A number of related ETFs hit new highs

Sina Financial News Affected by the recent rise in gold prices, the scale of many gold-themed ETF funds has hit a record high. Wind data shows that as of April 8, the latest scale of Huaan Gold ETF and Bosera Gold ETF was 18.663 billion yuan and 10.212 billion yuan respectively, both hitting a record high, and the net inflow since April reached 1.650 billion yuan and 955 million yuan respectively. E Fund Gold ETF, Cathay Pacific Gold ETF and ChinaAMC Gold ETF also hit record highs, reaching 7.426 billion yuan, 3.401 billion yuan and 378 million yuan respectively, while the latest scale of Yongying CSI CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock ETF and ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock ETF, which were established relatively late, also hit record highs, reaching 680 million yuan and 343 million yuan respectively. Looking ahead, Liu Tingyu, fund manager of Yongying CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock ETF, believes that gold prices may still have room to rise. From a capital perspective, the proportion of gold reserves in major gold buyers is still low, and a large number of potential capital buyers may enter the market at the right time, which is expected to push gold prices into a new round of upward trend.