Gold Plunges—What happens? Is It a Buy-the-Dip Opportunity?
Gold prices saw a sharp decline yesterday, dropping about 3.7%, followed by another 2% decline today. Within just two days, prices broke below the $5,000 and $4,900 levels, falling toward $4,800 and even briefly dipping under $4,700. From a one-day performance perspective, gold-related ETFs declined broadly. Physical gold ETFs saw $SPDR Gold ETF(GLD)$ fall 3.16%, $Gold Trust Ishares(IAU)$ drop 3.14%, and $Spdr Gold Minishares Trust(GLDM)$ decline 3.18%. Gold mining ETFs experienced steeper losses, with $VanEck Gold Miners ETF(GDX)$ down 6.23%, $VanEck Junior Gold Miners ETF(GDXJ)$
The Korean stock market triggered a circuit breaker intraday, with the KOSPI index rising 5.04%. Samsung Electronics gained nearly 6.8%, while SK Hynix rose about 7.9%, making them the primary drivers of the market rally. From an ETF perspective, Korea-related ETFs moved higher in tandem. Broad market trackers $iShares MSCI South Korea ETF(EWY)$ and $Franklin FTSE South Korea ETF(FLKR)$ rose 3.24% and 3.28%, respectively, largely reflecting the index performance. The 3x leveraged ETF $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ showed stronger upside, rising 9.94%. This shows that as Samsung and SK Hynix pushed the index higher, leveraged products amplif
AI Momentum Continues— Time to Position Semiconductor ETFs?
Yesterday, U.S. tech stocks broadly advanced, with the $纳斯达克(.IXIC)$ rising 1.2%. $英伟达(NVDA)$ gained 4% intraday, while $美光科技(MU)$ surged as much as 7%. From an ETF perspective, large-scale semiconductor ETFs delivered relatively steady gains, with $半导体指数ETF-HOLDRs(SMH)$ up 1.70% and $iShares费城交易所半导体ETF(SOXX)$ up 1.96%, reflecting capital flowing back into core names. ETFs with more diversified and mid-to-small-cap exposure showed stronger momentum, with $INVESCO SEMICONDUCTORS ETF(PSI)$ up 3.05%, $Fi
Today, spot gold briefly fell below the key $5,000 level, touching around $4,967 at the session low, with an intraday decline close to 1%. Prices later rebounded slightly but continued to hover near the $5,000 mark. From a one-day performance perspective, gold-related ETFs also declined broadly. The largest gold ETF $黄金ETF-SPDR(GLD)$ fell 1.29%, $黄金信托ETF-iShares(IAU)$ dropped 1.33%, and the lower-fee $SPDR Gold MiniShares Trust(GLDM)$ declined 1.31%. Gold mining ETFs experienced steeper losses, with $黄金矿业ETF-VanEck(GDX)$ down 6.08% and $小型黄金矿业ETF(Market Vectors)(GDXJ)$ down 5.82%.
During trading on March 13, Brent crude reached $100 per barrel while WTI climbed above $95, both hitting their highest levels since August 2022. From the start of the year to date, oil-related ETFs have posted strong gains. The 2x leveraged WTI crude oil ETF $二倍做多彭博原油ETF(UCO)$ has risen 106.37%, the strongest performer in the group. $美国原油ETF(USO)$ , which tracks WTI crude oil futures, has gained 71.18%. The 2x leveraged oil and gas exploration and production ETF $Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares(GUSH)$ is up 69.95%, while $美国布伦特原油基金有限合伙企业(BNO)$ , which tracks Brent crude oil futures, has
Middle East War: Where Are Gold and Silver Headed?
Since the outbreak of the US–Iran war on February 28, the international precious metals market has entered a period of heightened volatility. Gold and silver surged on the day the conflict began as safe-haven demand jumped, but as market sentiment continued to shift afterward, price movements became increasingly choppy and repetitive. From the ETF perspective, precious metals funds broadly declined over the past two days as gold and silver prices turned volatile. Among physical gold ETFs, $SPDR Gold ETF(GLD)$ fell 0.34% in a single day, $Gold Trust Ishares(IAU)$ declined 0.31%, and $Spdr Gold Minishares Trust(GLDM)$ dropped 0.29%. Gold mining equity ETFs saw larger
Yesterday, LME copper fell 1.2%, dropping below the key $13,000 per ton level. As a result, copper mining ETFs declined sharply overnight. $Global X Copper Miners ETF(COPX)$ fell 6.65% in a single day, $Sprott Copper Miners ETF(COPP)$ dropped 6.77%, and $SPROTT JUNIOR COPPER MINERS ETF(COPJ)$ declined 6.72%, all close to a 7% loss. This reflects how copper mining stocks tend to react more strongly to movements in copper prices. In contrast, $United States Copper Index Fund(CPER)$ , which tracks copper futures prices more directly, declined by a smaller 1.08%, highlighting that mining equity ETFs are typically much more v
South Korean Stocks Surge Nearly 10% — Is the Correction Over?
After suffering a historic selloff, South Korean equities quickly rebounded. On March 5, the KOSPI briefly touched 5,700 intraday before closing at 5,583.9, gaining about 9.6% for the day, the largest increase since 2008. Just one day earlier, the index had plunged more than 12%, marking the biggest single-day drop in its history. From the ETF performance perspective, Korea-related ETFs generally moved higher alongside the market rebound. $韩国ETF-iShares MSCI(EWY)$ rose 1.53% on the day, $Franklin FTSE South Korea ETF(FLKR)$ gained 1.05%, and $Matthews Korea Active ETF(MKOR)$ increased 1.45%, while the triple-leveraged Korea ETF