Gold funds fluctuate at high levels, market divergence is significant recently

On July 14, it was reported that international gold prices have continued to fluctuate at high levels. As a result, many gold-themed funds have performed unsatisfactorily recently. Data shows that as of July 11, the return rate of all 14 commodity-based gold ETFs in the market has been negative over the past month. Regarding the future trend of gold prices, there is significant divergence in the market recently. On one hand, several investment institutions continue to be bullish on gold; on the other hand, some believe that the upward momentum for gold is insufficient, and gold prices may present a fluctuating trend.