Gold stock ETFs, Ping An Trading is active; institutions say that after gold prices stabilize following fluctuations, there may be investment opportunities.

As of April 2, 2026, 10:27 AM, regarding the constituent stocks of the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index (931238), Xiaocheng Technology led the decline with 5.34%, Chifeng Gold dropped 3.66%, Hunan Gold decreased 3.61%, Zhaojin Gold fell 3.51%, and Hunan Silver declined 3.24%. The Ping An Gold ETF (159322) fell 2.04%, with the latest price at 1.83 yuan.

The gold sector experienced oscillating adjustments, with continued capital attention. The Ping An Gold ETF traded with a turnover rate of 2.94% during the session, with a transaction volume of 6.83 million yuan. Looking at a longer timeframe, as of April 1, the average daily trading volume of the Ping An Gold ETF over nearly one month was 22.07 million yuan.

After the surge in oil prices triggered by escalating Middle East geopolitical conflicts and the subsequent strengthening of the US dollar, gold prices showed a clear downward pressure. However, East China Futures pointed out that the mid- to long-term gold bull market has not ended. After oscillating and forming a bottom, gold prices are expected to present investment opportunities, with London gold at $4,000 per ounce potentially serving as an important support level.

The Ping An Gold ETF closely tracks the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index. The index selects 50 large-cap listed companies involved in gold mining, smelting, and sales from the mainland and Hong Kong markets as its sample, aiming to reflect the overall performance of gold industry listed companies in these markets.

Data shows that as of March 31, 2026, the top ten weights of the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index (931238) are Zijin Mining, China Gold, Shandong Gold, Chifeng Gold, Shanjin International, Zhaojin Mining, Hunan Gold, Zijin Gold International, Shandong Gold, and Zijin Mining, with the top ten weights accounting for a total of 63.63%.

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