Everyday Economic News Reporter: Ye Feng Editor: Xiao Ruidong
The market experienced fluctuations throughout the day, with all three major indices falling over 1%. The Shanghai Composite Index briefly dipped below the 4,000-point mark. In terms of sectors, green electricity and computing power synergy concepts performed strongly against the trend, while the oil and gas sector showed active performance; on the downside, the non-ferrous metals sector led the declines, and the steel sector weakened.
In terms of ETF performance, the S&amp;P Oil &amp; Gas ETF hit the daily limit.
<img src="https://imageproxy.pbkrs.com/https://inews.gtimg.com/om_bt/O0asB2E4wTPSDv25FmDyQhrZdnoZ4bisMOmJr6G2W7yzwAA/641?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://inews.gtimg.com/om_bt/O0asB2E4wTPSDv25FmDyQhrZdnoZ4bisMOmJr6G2W7yzwAA/641"/>
On Wednesday, a key natural gas field in Iran was attacked, causing international oil prices to surge. Some analysts believe that the conflict in Iran is disrupting the global energy market and trade, with shipping in the Strait of Hormuz nearly coming to a standstill, exacerbating supply risks in the market.
On the downside, gold-related ETFs fell over 6%.
<img src="https://imageproxy.pbkrs.com/https://inews.gtimg.com/om_bt/OPvwMIxPmkTmu5nSQXwqv7bZJHHlQc0A5aB2GGsYBEISwAA/641?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://inews.gtimg.com/om_bt/OPvwMIxPmkTmu5nSQXwqv7bZJHHlQc0A5aB2GGsYBEISwAA/641"/>
Analysts believe that from a medium to long-term perspective, the geopolitical situation and the global macro background (debt crisis, de-globalization, etc.) still support gold. Moving forward, two key points need to be closely monitored: first, the deepening of the U.S.-Iran conflict (Middle East dynamics) and the chain reactions of changes in geopolitical patterns in other regions; second, the timing of the realization of precious metals' anti-inflation properties against the backdrop of gradually rising long-term inflation expectations.
Everyday Economic News

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The market experienced fluctuations and adjustments throughout the day, with all three major indices falling over 1%. The S&P Oil & Gas ETF hit the daily limit up due to a surge in international oil prices caused by an attack on Iranian gas fields, disrupting the global energy market. Gold-related ETFs fell over 6%, with analysts believing that geopolitical situations and the global macro backdrop still support gold. Attention should be paid to the impact of the US-Iran conflict and inflation expectations on precious metals

腾讯新闻 - 财经

Harvest S&P Oil & Gas Exploration & Production Select Industry ETF(QDII)

EFUND GOLD MI ETF

Roundhill Gold Miners Weeklypay ETF

BP p.l.c.

Ping An CNI Oil&Gas ETF

Sprott JR Gold Miners ETF

Direxion Daily Gold Miners Bull 2X

Hwabao WP S&P Oil & Gas Exploration & Production Selected Industry Index Fund(LOF)-A(CNY)

Bosera CSI Oil & Gas Resources Index ETF

iShares MSCI Global Gold Miners

Zijin Mining

VanEck Oil Services ETF

SPDR Energy Select

VG Energy

iShares US Oil & Gas Expl & Prod

Fullgoal S&P Oil & Gas Exploration & Production Select Industry ETF(QDII)

YieldMax Gold Miners Opt Inc Strgy ETF

ChinaAMC CSI Petrochemical Industry ETF

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Gold.com

VanEck Gold Miners ETF

Kinross Gold

VanEck Junior Gold Miners ETF

Pro Ultr Bloomberg Crude Oil

EFUND GOLD MI-R

ChinaAMC Gold ETF

China Universal CSI Oil & Gas Resources ETF

EFUND GOLD MI-U

Us Brent Oil

ISHRS S&P Glb Engy

iShares Gold Trust

United States Oil Fund LP

ZHONGJIN GOLD

Sprott GLD Miners Etf

iShares US Oil Equip & Svcs

Newmont

Guotai CSI Oil & Gas Industry ETF

E Fund CNI Oil&Gas ETF

HSPC

SPDR O&G Equip

SPDR Gold Shares

SPDR O&G Ex & Prd

SD-GOLD

Direxion Daily Jr Gold Miners Bull 2X

Occidental Petroleum

Agnico Eagle Mines

ETF Daily Review | S&P Oil & Gas ETF hits the limit up, gold-related ETFs drop over 6%