Gold fever, multiple related ETF scales reaching new highs

On April 9th, due to the continuous rise in gold prices, several gold themed ETF funds have reached historic highs in size. According to Wind data, as of April 8th, the latest scale of Hua'an Gold ETF and Boshi Gold ETF were 18.663 billion yuan and 10.212 billion yuan respectively, both reaching historical highs in scale. Since April, the net inflow has reached 1.65 billion yuan and 955 million yuan, respectively. E Fund Gold ETF, Cathay Gold ETF, and Huaxia Gold ETF have also set new historical highs in scale, reaching 7.426 billion yuan, 3.401 billion yuan, and 378 million yuan respectively; The newly established Yongying CSI Shanghai Shenzhen Hong Kong Gold Industry Stock ETF and Huaxia CSI Shanghai Shenzhen Hong Kong Gold Industry Stock ETF, which were established relatively late, have also reached historic highs in terms of their latest scale, reaching 680 million yuan and 343 million yuan respectively. Looking ahead to the future, Liu Tingyu, the ETF fund manager of Yongying CSI Shanghai Shenzhen Hong Kong Gold Industry Equity, believes that there may still be room for gold prices to rise. From a financial perspective, the proportion of gold reserves in major gold purchasing countries is still low, and a large amount of potential capital buying may enter at the appropriate time, which is expected to drive gold prices into a new round of upward trend.