--- title: "The long-term logic for the rise in gold has been further strengthened, and the gold stock ETF Guotai (517400) has corrected over 3%, presenting a potential opportunity for positioning" type: "News" locale: "en" url: "https://longbridge.com/en/news/281477226.md" description: "The long-term logic for the rise in gold has been further strengthened. On April 2nd, the gold stock ETF Guotai (517400) corrected over 3%. Huayuan Securities pointed out that the core market logic for gold trading has shifted to a complex interplay of the Federal Reserve maintaining high interest rates, geopolitical risks in the Middle East, and Trump's trade policies. Although the situation in the Middle East and oil prices affect inflation expectations, the rising probability of a U.S. economic recession has reinforced the allocation value of gold as a safe-haven asset. The continuous purchasing of gold by global central banks provides support for gold prices, and gold remains in a favorable window in the medium to long term" datetime: "2026-04-02T06:33:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281477226.md) - [en](https://longbridge.com/en/news/281477226.md) - [zh-HK](https://longbridge.com/zh-HK/news/281477226.md) --- # The long-term logic for the rise in gold has been further strengthened, and the gold stock ETF Guotai (517400) has corrected over 3%, presenting a potential opportunity for positioning The long-term logic for the rise in gold has been further strengthened. On April 2nd, the gold stock ETF Guotai (517400) corrected over 3%, and this correction may present a buying opportunity. Huayuan Securities pointed out that in the medium term, the core logic of gold trading has shifted from "rate cut trading" to a mixed pattern of "the Federal Reserve maintaining high interest rates + geopolitical risk in the Middle East + the trade policy game of Trump." The disturbances in the Middle East have not completely subsided, and the inflation expectations brought about by the rise in oil prices are compressing the market's optimistic pricing for a rapid rate cut by the Federal Reserve. However, the marginal weakening of growth expectations and the rising probability of a U.S. economic recession are continuously reinforcing gold's value as a safe-haven asset and a hedge against policy risks. In the long term, the logic for the rise in gold has not weakened; rather, it has been further strengthened under the changes in the global macro and geopolitical landscape. Factors such as the constraints of the U.S. fiscal deficit and debt expansion are weakening the stability of the dollar's credit anchor, promoting the diversification of global reserve assets. Gold is gradually evolving into an important asset for hedging sovereign credit risk, geopolitical fragmentation risk, and the risks associated with the reconstruction of the global monetary system. The continuous purchasing of gold by global central banks still provides solid bottom support for gold prices. Overall, gold remains in a favorable window in the medium to long term, with the price center expected to continue rising in the process of reshaping the global macro and geopolitical landscape. Attention should be paid to related products: Gold ETF Guotai (518800): A direct tool to capture gold price trends Gold stock ETF Guotai (517400): May have higher performance amplification attributes Daily Economic News ### Related Stocks - [600547.CN](https://longbridge.com/en/quote/600547.CN.md) - [GDXY.US](https://longbridge.com/en/quote/GDXY.US.md) - [AEM.US](https://longbridge.com/en/quote/AEM.US.md) - [600489.CN](https://longbridge.com/en/quote/600489.CN.md) - [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md) - [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md) - [JNUG.US](https://longbridge.com/en/quote/JNUG.US.md) - [KGC.US](https://longbridge.com/en/quote/KGC.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [GDXU.US](https://longbridge.com/en/quote/GDXU.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) - [NUGT.US](https://longbridge.com/en/quote/NUGT.US.md) - [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [159562.CN](https://longbridge.com/en/quote/159562.CN.md) - [601899.CN](https://longbridge.com/en/quote/601899.CN.md) - [517400.CN](https://longbridge.com/en/quote/517400.CN.md) ## Related News & Research - [PRECIOUS-Gold falls to 1-1/2-month low on higher US yields, firm dollar](https://longbridge.com/en/news/287016248.md) - [Bitget launches 'Gold Fast or Go Home Challenge' for Gold CFD Trading](https://longbridge.com/en/news/287052667.md) - [$1000 Invested In SPDR Gold MiniShares Trust 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286819467.md) - [AGNICO EAGLE ANNOUNCES INVESTMENT IN WALLBRIDGE MINING COMPANY LIMITED | AEM Stock News](https://longbridge.com/en/news/287063692.md) - [J. 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