The US-Iran conflict shows signs of easing, gold prices rebound strongly, and Guotai Gold ETF (518800) attracts significant inflows.

In the news, signals of easing in the U.S.-Iran conflict have emerged. U.S. President Trump said that even if the Strait of Hormuz remains broadly closed, he is still willing to end military actions against Iran. He believes the war against Iran is very likely to end soon, and other countries do not need U.S. military assistance to reopen the Strait of Hormuz. U.S. Defense Secretary Hegseth said the U.S.’s current “top priority” is to seek an agreement to end the war with Iran.

Iranian President Pezeshkian said Iran is willing to end the war, but only on the condition that its demands are met—especially with guarantees that it will no longer suffer aggression.

Benefiting from favorable catalysts, gold prices rebounded strongly. London gold prices had risen by more than $4,700 at one point during the day. After gold prices fell earlier, funds stepped in to buy on dips, and the Gold ETF Guotai (518800) has attracted nearly 800 million yuan for five straight days.

Related institutions said that with the war potentially coming to an end, it may weigh down oil prices, and it also helps the dollar and U.S. Treasuries yields fall somewhat, temporarily easing gold’s downward pressure. However, gold’s short-term volatility remains relatively high, and it is still necessary to monitor the progress of the U.S.-Iran conflict, oil prices, and the dollar’s trend. Goldman Sachs still maintains its overall optimistic outlook, expecting gold prices to reach $5,400 by year-end.

In the medium to long term, amid the backdrop of excessive money issuance and the monetization of fiscal deficits, the U.S. dollar credit system faces challenges. Coupled with frequent geopolitical turmoil around the world driving the diversification of asset reserve holdings, demand for gold as a safe asset continues to rise, and the global “de-dollarization” trend could make gold a new pricing anchor in the next round.

Investors who are interested can consider the Gold ETF Guotai (518800), closely tracking the gold price trend. With T+0 trading, the current scale exceeds 40 billion yuan, and liquidity is advantageous.

Risk warning: Mention of individual stocks is only for industry-event analysis and does not constitute any recommendation or investment advice regarding any individual stock. Predictions by other institutions are mentioned only for reference and do not constitute investment advice. Short-term gains or losses of indices, etc., are for reference only and do not represent their future performance, nor do they constitute any commitment or guarantee regarding fund performance. Views may change as market conditions change, and do not constitute investment advice or commitments. Fund risk-return characteristics differ from each other; investors are kindly requested to carefully read the fund’s legal documents, fully understand product elements, risk levels, and the principles of profit distribution, choose products that match their own risk tolerance, and invest cautiously. For details on fund fees, please refer to the legal documents.

Daily Economic News