Gold fluctuates and recovers, hitting three consecutive gains. Bosera Gold ETF rises over 1%.

As of Mar 31, 2026, 09:31, the gold ETF Bosera (159937) rose 1.07%, hitting a third consecutive-day advance. The latest price is 9.74 yuan. Looking over a longer period, as of Mar 30, 2026, Bosera’s gold ETF has gained 7.99% cumulatively over the past week.

In terms of liquidity, during the trading day, Bosera’s gold ETF had a turnover rate of 0.06%, with trading volume of 29.9831 million yuan. Looking over a longer period, as of Mar 30, Bosera’s gold ETF had an average daily trading value of 2.47B yuan over the past week.

On the news front, on Mar 30, the U.S.-Iran conflict entered its 31st day. Both sides continued to grind between negotiations and confrontation. Affected by statements from the White House and Powell, market concerns that the Federal Reserve would raise interest rates to respond to oil price shocks eased. Brent crude prices plunged intraday, and gold prices showed a volatile rebound after first dipping. As of the close, COMEX gold futures rose 0.36% to 4,540.40 USD per ounce.

According to Huatai Securities, although gold faces short-term pressure, it still expects gold to remain attractive on the medium- and long-term safe-haven logic. In the short term, gold’s price action will be highly dependent on the duration of the Strait of Hormuz blockade and the progress of global liquidity recovery. Looking at the medium and long term, de-dollarization and fiscal non-sustainability will still support gold’s allocation value. Gold’s pricing logic will shift toward hedging credit risk and reallocating assets.

Regarding capital inflows, Bosera’s gold ETF saw a latest net inflow of 76.5539 million yuan. Looking over a longer period, within the past 21 trading days, net inflows occurred in 17 days, totaling “absorbed inflows” of 1.26B yuan, with average daily net inflows of 60.1297 million yuan.

Gold ETF Bosera (159937), over-the-counter connection (Bosera Gold ETF Connection A: 002610; Bosera Gold ETF Connection C: 002611; Bosera Gold ETF Connection E: 021499), and related index funds (Bosera Gold ETF OTC Class D: 000929; Bosera Gold ETF OTC Class I: 000930). The above products’ risk levels are: Medium (this is the manager’s rating; specific sales are subject to ratings by each distributor). Risk disclosure: Funds are different from financial instruments with fixed-income expectations such as bank deposits and bonds. Different types of funds have different risk-and-return profiles. Investors may share gains generated from fund investments, or they may bear losses that result from fund investments. Past performance of a fund does not indicate its future performance. Investors should understand a fund’s risk-and-return profile, make prudent decisions based on their own investment objectives, time horizon, investment experience, and risk tolerance, and bear risks themselves. Investors should not rely on sales conduct and non-compliant promotional materials that do not meet requirements under laws and regulations.