Iran and the U.S. express willingness to cease hostilities; spot gold breaks above $4,700; Gold ETF Bosera opens higher, up nearly 3%.

As of 09:30 on April 1, 2026, the Gold ETF Boshi (159937) rose by 2.78%, hitting four consecutive days of gains. The latest price is reported at 9.95 yuan. Looking at a longer time frame, as of March 31, 2026, the Gold ETF Boshi has increased by a total of 4.42% over the past week.

In terms of liquidity, the Gold ETF Boshi had a turnover rate of 0.02% during trading hours, with a transaction volume of 8.4021 million yuan. Over a longer period, as of March 31, the average daily transaction volume for the past week was 207M yuan.

On the morning of April 1, Beijing time, spot gold broke through $4,720, rising more than 1% intraday.

Regarding news, last night the US and Iran expressed willingness to cease hostilities. Iranian President Ebrahim Raisi stated that Iran is willing to end the war, but only if its demands are met, especially guarantees against further aggression.

Some brokerages have indicated that the panic selling of gold has ceased, with bottom-fishing funds and central bank holdings providing support for gold prices. However, the correction has not ended, and the future trend depends on Federal Reserve policies and geopolitical developments. Additionally, the fundamental logic supporting a long-term bull market in gold remains intact. Global central banks’ demand for gold remains strong. According to the World Gold Council, central banks in emerging markets such as Guatemala, Indonesia, and Malaysia have recently started purchasing gold.

From the perspective of net capital inflows, the Gold ETF Boshi has experienced continuous net inflows over the past three days, with the highest single-day inflow reaching 93.4307 million yuan, totaling 2.07 billion yuan in “funds attracted,” with an average daily net inflow of 68.9262 million yuan.

The Gold ETF Boshi (159937), off-market connection ( Boshi Gold ETF Connection A: 002610; Boshi Gold ETF Connection C: 002611; Boshi Gold ETF Connection E: 021499 ), related index funds ( Boshi Gold ETF off-market Class D: 000929; Boshi Gold ETF off-market Class I: 000930 ).

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