Gold Stock ETFs Up 60% Year-to-Date

Jinse Finance reported that after three months of volatile adjustments, gold has once again experienced a strong surge. Today, the spot gold price in London remains at a high level of over $3,500 per ounce, while related ETFs are also in high demand. Data shows that as of the close on September 4, there are 14 commodity gold ETFs and 6 equity gold stock ETFs in the entire market. The annual yield of gold ETFs is around 30% this year, while the annual yield of gold stock ETFs is around 60%. The gold sectors in both A-shares and Hong Kong stocks have collectively benefited, with more than 10 gold stocks doubling in price this year. However, industry insiders remind that the recent increase in gold prices has been significant, and the risk of short-term volatility has risen.