China Southern Asset Management's gold ETF Southern rose over 2.5%, with a fee reduction to help investors seize low-cost opportunities for gold asset allocation
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The China Southern Fund's gold ETF, China Southern (159834), has risen by 2.51% as of April 8, 2026, and announced a reduction in management fees to 0.15% and custody fees to 0.05% starting from April 1, helping investors to allocate gold assets at a lower cost. Influenced by U.S. President Trump's agreement to suspend bombings in Iran, international gold prices have risen, with gold demonstrating significant allocation value as a safe-haven asset in the current complex macro environment. Institutional analysis suggests that gold possesses anti-inflation properties amid economic uncertainty and geopolitical conflicts, with solid support for gold prices in the short term
Source: 腾讯新闻 - 财经 The copyright of this article belongs to the original author/organization.
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