ETF Daily: In the short term, market concerns about Fed rate hikes and liquidity disruptions may suppress gold prices. Watch attention on the Guotai gold ETF.

MaticHoleFiller · 2026-03-23T18:08:50+00:00

Due to tensions in the Middle East and rising global risk-aversion sentiment, A-shares fell sharply, with the Shanghai Composite Index dropping 3.63%. While most individual stocks declined, the energy sector rose against the trend, and precious metals pulled back. The new energy sector attracted attention, with related ETFs performing well. Investors should exercise caution.

MaticHoleFiller

2026-03-23 18:08:50

Abstract generation in progress

Today, due to the escalation of Middle East tensions and rising global risk aversion, the A-shares opened lower and declined further. The Shanghai Composite Index fell 3.63% to 3,813.28 points, and the Shenzhen Component Index dropped 3.76% to 13,345.51 points, with over 5,000 stocks in the red. The energy sector bucked the trend and rose, while sectors like precious metals pulled back. The new energy sector attracted attention; the ChiNext New Energy Guotai ETF (159387) has increased by 1.30% since the beginning of the month. In March 2026, the lithium battery industry chain is expected to see a production increase of about 20% month-on-month and about 40% year-on-year. The Guotai Coal ETF (515220) closed up 0.78%, with net capital inflows exceeding 300 million over the past three days. The precious metals sector is adjusting; COMEX gold prices have dipped, and short-term gold prices may be pressured by rate hike concerns, though there is still medium- to long-term support. Investors can consider related ETFs but should be aware of investment risks. (AI-generated)

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