Precious Metal Prices Under Pressure,ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETF(159562) Drops 0.81% Intraday

NewTimeSpace News: As of 14:21 on March 31, 2026, the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index (931238) dropped 0.54%. Its constituent stocks saw a mixed performance, with Sichuan Gold leading the gains by 4.61%, Hunan Gold rising 1.45% and Chifeng Gold climbing 1.32%; Jiangxi Copper Co., Ltd. led the declines by 5.51%, ST Cuihua falling 4.42% and China Gold International dropping 3.97%. ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETF(159562) fell 0.81% to a latest price of RMB 2.44. Over a longer timeframe, as of March 30, 2026, the ETF had a cumulative increase of 12.56% in the past week, ranking first among six comparable funds in terms of gains. (The stocks listed above are merely constituent stocks of the index and do not constitute any specific investment recommendation.)

In terms of liquidity, ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETFrecorded an intraday turnover rate of 3.57% with a trading volume of RMB 227 million. As of March 30, the ETF had an average daily trading volume of RMB 293 million in the past week, ranking top 2 among comparable funds.

In terms of scale, ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETFhas achieved a remarkable growth of RMB 356 million in scale over the past week, ranking second among six comparable funds in terms of new scale added. (Data source: Wind)

In terms of shares, the ETF’s outstanding shares have increased by 5 million over the past week with a notable growth, taking second place among six comparable funds in terms of new shares issued. (Data source: Wind)

Data showed that margin funds have been continuously building positions in the ETF. ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETFhas seen net margin purchases for four consecutive trading days, with the maximum single-day net purchase reaching RMB 7.2838 million, and the latest margin balance standing at RMB 78.1458 million. (Data source: Wind)

As of March 30, the ETF’s net asset value (NAV) has risen 92.55% over the past two years, ranking 167th out of 2,635 index equity funds (top 6.34%). In terms of profitability, as of March 30, 2026, since its inception, the ETF has registered a maximum monthly return of 38.46%, a longest consecutive monthly gain streak of 4 months with a cumulative increase of 40.15% during the streak, a ratio of up months to down months of 15:10, an average monthly return of 11.30% in positive months, an annual profit rate of 100.00%, a monthly profit probability of 63.23%, and a 100.00% historical probability of making profits with a 2-year holding period.

As of March 30, 2026, ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETFhas achieved an annualized excess return over the benchmark of 3.71% since its establishment.

As of March 27, 2026, the ETF had a Sharpe Ratio of 1.58 over the past year, ranking top 3 among six comparable funds and delivering higher returns at the same risk level.

In terms of drawdown, as of March 30, 2026, ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETFhas seen a relative drawdown of 3.38% compared to the benchmark since its inception.

In terms of fees, the ETF charges a management fee rate of 0.15% and a custodian fee rate of 0.05%, with the lowest fee rates among comparable funds.

ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Commodity ETFclosely tracks the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index. The index selects 50 listed securities with relatively large market capitalization and businesses involving gold mining, smelting and sales from the mainland and Hong Kong markets as its constituent stocks, reflecting the overall performance of listed securities in the gold industry across the mainland and Hong Kong markets.

Data showed that as of February 27, 2026, the top 10 weight stocks of the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index (931238) were Zijin Mining, China National Gold Group, Shandong Gold, Chifeng Gold, Zhaojin Mining, Shandong Gold International, Hunan Gold, Zijin Gold International, Zijin Mining and Shandong Gold respectively, with the combined weight of the top 10 stocks accounting for 61.77%. (The stocks listed above are merely constituent stocks of the index and do not constitute any specific investment recommendation.)

SCS stated that for precious metals, the Central Bank of the Republic of Turkey (CBRT) has sold a total of 58.4 tons of gold through direct sales and gold swaps in the past two weeks, keeping precious metal prices under sustained pressure.

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