Economic Observation Network The precious metal sector quickly rose, with Zhaojin Gold hitting the limit up, followed by Xiaocheng Technology, Western Gold, Chifeng Gold, Sichuan Gold, and Hengbang Shares. In terms of related ETFs, the gold stock ETF Huaxia (159562) rose 1.97% with a turnover of 93.4053 million yuan, while the gold stock ETF ICBC (159315) rose 2.03% with a turnover of 6.7045 million yuan. On the news front, the latest disclosed data on July 7, 2026 shows that China's gold reserves reached 75.44 million ounces, or approximately 2346.446 tons, at the end of June, an increase of 480000 ounces compared to 74.96 million ounces at the end of May, corresponding to an increase of approximately 14.93 tons. At this point, China's gold reserves have steadily increased for 20 consecutive months, and the long-term allocation pace continues to advance.

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