---
title: "Panic sentiment eases, the allocation value of the gold sector gradually returns, and the gold stock ETF Guotai (517400) has seen net inflows for three consecutive days"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281105361.md"
description: "As panic sentiment eases, the allocation value of the gold sector is gradually returning. The gold stock ETF Guotai (517400) has seen net inflows for three consecutive days. Although gold prices may continue to fluctuate in the short term due to multiple macro factors, in the medium to long term, factors such as fiscal deficits, geopolitical tensions, and monetary concerns will support gold demand. The market expects that the Federal Reserve's tightening policy space is limited, which may provide support for gold prices. Investors should carefully select products that match their risk tolerance"
datetime: "2026-03-31T01:48:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281105361.md)
  - [en](https://longbridge.com/en/news/281105361.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281105361.md)
---

# Panic sentiment eases, the allocation value of the gold sector gradually returns, and the gold stock ETF Guotai (517400) has seen net inflows for three consecutive days

Panic sentiment has eased, and the allocation value of the gold sector is gradually returning. From a funding perspective, the Gold Stock ETF Guotai (517400) has seen net inflows for three consecutive days.

Relevant institutions indicate that in terms of liquidity, last week, under the market's panic state, gold experienced a temporary liquidity shock. However, rapid declines driven by liquidity are usually unsustainable; once market panic sentiment marginally eases and liquidity pressure is released, the allocation value of gold is expected to gradually return, becoming a safe haven for funds again.

Looking ahead, in the short term, gold prices still face the impact of multiple macro factors leading to speculative sentiment, which may continue to exhibit a volatile trend. However, in the medium to long term, factors such as fiscal deficits, geopolitical tensions, and monetary concerns continue to support gold demand. The Federal Reserve's tightening policy may have less room than the market expects, and the sustainability threshold of U.S. debt, along with weak economic endogenous momentum, limits its rate hike space. Additionally, if energy prices remain high, the economic recession dilemma may overshadow concerns about inflation expectations, leading the Federal Reserve to potentially adopt a dovish stance again, providing support for gold prices.

In the short term, gold is experiencing a rebound after being suppressed by the triple pressures of heightened interest rate expectations, oil price shocks, and tightening liquidity. However, the medium to long-term logic remains solid: central banks continue to purchase gold, de-dollarization is accelerating, and prolonged geopolitical conflicts are raising stagflation expectations. Coupled with the fact that current gold prices have significantly corrected, there may be opportunities to accumulate at low levels in the short term, while maintaining a firm allocation in the medium to long term. Focus on related products:

Gold ETF Guotai (518800): A direct tool to capture gold price trends

Gold Stock ETF Guotai (517400): May possess higher performance amplification attributes

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