--- title: "Stagflation expectations catalyze the value of gold allocation, Guotai Gold ETF (518800) surged nearly 3%, with a net inflow of over 800 million yuan for five consecutive days" type: "News" locale: "en" url: "https://longbridge.com/en/news/282032757.md" description: "Stagflation expectations drove Guotai Gold ETF (518800) to rise nearly 3% on April 8, with a net inflow of over 800 million yuan for five consecutive days. Guohai Securities analysis pointed out that U.S. inflation is difficult to return to target, and economic downward pressure is increasing, enhancing the allocation value of gold as a risk hedging tool. Medium to long-term factors such as fiscal deficits and geopolitical tensions continue to support gold demand, and it is expected that the Federal Reserve's interest rate hike space is limited, which may provide support for gold prices. Investors need to carefully choose products that match their risk tolerance" datetime: "2026-04-08T11:38:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282032757.md) - [en](https://longbridge.com/en/news/282032757.md) - [zh-HK](https://longbridge.com/zh-HK/news/282032757.md) --- # Stagflation expectations catalyze the value of gold allocation, Guotai Gold ETF (518800) surged nearly 3%, with a net inflow of over 800 million yuan for five consecutive days Stagflation expectations catalyze the value of gold allocation. On April 8th, the Guotai Gold ETF (518800) surged nearly 3%, with a net inflow exceeding 800 million yuan for five consecutive days. Guohai Securities pointed out that currently, U.S. inflation is difficult to return to target levels, the Federal Reserve's pace of interest rate cuts is slow, and the situation in the Middle East has turned cautious after turmoil. On the other hand, downward pressure on the U.S. economy, especially the labor market, continues to accumulate. Compared to 2022, the economic downward pressure faced by the U.S. has significantly increased, the job market has cooled considerably, and capital expenditures driven by AI also rely on a loose interest rate environment. If inflation levels rise again under the impact of energy supply shocks, monetary policy will be caught in a dilemma, and the risk of stagflation will significantly increase. The reality of stagflation trading will further pressure equity assets, and gold remains a good tool for hedging risks. Looking ahead, in the medium to long term, factors such as fiscal deficits, geopolitical tensions, and monetary concerns continue to support gold demand. The space for the Federal Reserve's tightening policy may be lower than market expectations, and the sustainability red line of U.S. debt, along with weak economic endogenous momentum, limits its interest rate hike space. In addition, if energy prices continue to remain high, the economic recession dilemma may overshadow concerns about inflation expectations, and the Federal Reserve may turn dovish again, providing support for gold prices. Attention to related products: Guotai Gold ETF (518800): A direct tool to grasp gold price trends Guotai Gold Stock ETF (517400): May have higher performance amplification attributes Daily Economic News ### Related Stocks - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) - [600489.CN](https://longbridge.com/en/quote/600489.CN.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md) - [KGC.US](https://longbridge.com/en/quote/KGC.US.md) - [GDXY.US](https://longbridge.com/en/quote/GDXY.US.md) - [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [601899.CN](https://longbridge.com/en/quote/601899.CN.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [NUGT.US](https://longbridge.com/en/quote/NUGT.US.md) - [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md) - [600547.CN](https://longbridge.com/en/quote/600547.CN.md) - [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md) - [GDXU.US](https://longbridge.com/en/quote/GDXU.US.md) - [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md) - [AEM.US](https://longbridge.com/en/quote/AEM.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [518800.CN](https://longbridge.com/en/quote/518800.CN.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [JNUG.US](https://longbridge.com/en/quote/JNUG.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) ## Related News & Research - [$1000 Invested In SPDR Gold MiniShares Trust 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286819467.md) - [PRECIOUS-Gold falls to 1-1/2-month low on higher US yields, firm dollar](https://longbridge.com/en/news/287016248.md) - [AGNICO EAGLE ANNOUNCES INVESTMENT IN WALLBRIDGE MINING COMPANY LIMITED | AEM Stock News](https://longbridge.com/en/news/287063692.md) - [Bitget launches 'Gold Fast or Go Home Challenge' for Gold CFD Trading](https://longbridge.com/en/news/287052667.md) - [09:15 ETWith Gold Above $4,500 and Crews on the Ground, This Permitted Tanzanian Developer Just Closed Its Funding Stack](https://longbridge.com/en/news/287073010.md)