Gold ETF Fund (159937) increased by 0.38%, in the past 10 days, the gold attracted more than 700 million

Since the opening, COMEX gold futures have fallen 0.32%to $ 1729.8/ounce.Gold ETF Fund (159937) increased by 0.38%, with a turnover of over 100 million, and in the past 10 days, it exceeded 700 million gold.

On the news, the demand for further diversified allocation of relevant departments still exists.According to statistics, the official gold reserves increased by 84 tons in the first quarter of this year, and the net purchase volume doubled from the previous month.In the middle and long term, the supporting factor of gold prices mainly comes from the core risk aversion asset status of gold and the increased reserve allocation.

Guoxin Futures stated that various types of risk assets faced the collective decline of overseas risks, forcing overseas capital to turn to the US dollar to hedge, and played a key role in the market turbulent period on balance and stable investment portfolio.In the medium and long term, gold as a strategic asset has strong asset allocation value at the current bottom.

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