The long-term allocation logic for gold remains solid, and the Gold ETF Fortune (518680) rose 2.5% in the early trading session.

GateUser-bd883c58 · 2026-04-09T16:19:15+00:00

April 1st, gold prices rebounded, with spot gold breaking through $4,700 per ounce, and Shanghai Gold rising over 2%. Gold ETFs by Franklin continued to rise, with trading volume exceeding 170 million. Analysts pointed out that supported by central bank gold purchases and expectations of interest rate cuts, the long-term outlook for gold prices remains stable, potentially rising to $5,400 by the end of the year. Investors can pay attention to related ETFs and linked funds.

GateUser-bd883c58

2026-04-09 16:19:15

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On April 1st morning trading, gold prices experienced a correction. Spot gold prices temporarily increased by up to 1% during the day, surpassing $4,700 per ounce; Shanghai Gold’s centralized pricing contract rose over 2%, reporting 1,042 yuan per gram.

Boosted by market sentiment, the Gold ETF Wealth Fund (518680) experienced its fourth consecutive day of gains, rising 2.5% by 10:17 AM, with a trading volume exceeding 170 million yuan, ranking among the top in similar products.

According to industry experts, under the influence of factors such as global monetary policy expectations, actual interest rate changes, and increased profit-taking by long positions leading to heightened price sensitivity, market sentiment quickly switches between bullish and bearish signals. However, the long-term logic of gold allocation remains solid, and short-term pullbacks may present opportunities to adjust strategic allocations.

As Goldman Sachs analysts stated, supported by continuous gold purchases by central banks worldwide and the Federal Reserve’s expected two more rate cuts this year, the medium-term outlook for gold remains stable, with gold prices potentially rising to $5,400 per ounce by the end of the year.

For gold investment, focus on Gold ETF Wealth Fund (518680) and the linked funds (Class A 009504 / Class C 009505), which track the Shanghai Gold centralized pricing contract (SHAU). Each ETF unit corresponds to 1 gram of physical gold, offering transparent, low-cost investment with a T+0 trading mechanism, helping investors seize intraday trading opportunities and long-term allocation value.

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