Since August, gold ETFs have continued to receive capital inflows. As of September 14, the net inflow of domestic gold-related ETFs exceeded 10 billion yuan. Meanwhile, the net inflow of global physical gold ETF capital in August was about US$18 billion. Recently, rising oil prices and rising expectations of the Federal Reserve's interest rate hike have put pressure on gold prices in the short term. However, in the medium to long term, many institutions believe that the central bank's diversification of capital purchases, reserves, and safe-haven requirements still provide support for gold.

Since August, gold ETFs have continued to receive capital inflows. As of September 14, the net inflow of domestic gold-related ETFs exceeded 10 billion yuan. Meanwhile, the net inflow of global physical gold ETF capital in August was about US$18 billion. Recently, rising oil prices and rising expectations of the Federal Reserve's interest rate hike have put pressure on gold prices in the short term. However, in the medium to long term, many institutions believe that the central bank's diversification of capital purchases, reserves, and safe-haven requirements still provide support for gold.