Today, the United States and Israel launched military strikes on targets inside Iran, sharply escalating tensions in the Middle East. Geopolitical risk premiums are set to return rapidly to the forefront of market pricing. Next week, capital inflows into the precious metals sector, led by gold and silver, appear almost certain. In the gold ETF space, the largest physically backed gold ETF, $SPDR Gold ETF(GLD)$ , is up 22.06% year to date, while $Gold Trust Ishares(IAU)$ has gained 22.05%. Among gold mining ETFs, $VanEck Gold Miners ETF(GDX)$ is up 35.06% this year and $VanEck Junior Gold Miners ETF(GDXJ)$ has risen 37.27%.

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

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

Silver has gone on an absolute tear, surging over 5% intraday today, breaking decisively above the key $90 psychological level and reaching an intraday high of $91.57.As a result, silver ETFs surged in premarket trading. The 2× leveraged silver ETF $ProShares Ultra Silver(AGQ)$ jumped 8.17%, while the largest silver ETF, $iShares Silver Trust(SLV)$ , rose 4.08%, and $Abrdn Silver ETF Trust(SIVR)$ gained 3.96%.On the macro front, U.S. December CPI data released yesterday came in largely in line with expectations. Headline CPI rose 2.7% year over year and 0.3% month over month. Core CPI, however, undershot expectations and matched the prior reading, increasing 2.6% Y

In last night’s U.S. equity session, healthcare and pharmaceutical stocks posted broad-based strength, with related healthcare ETFs clearly outperforming the broader market. Against a backdrop of tech sector dispersion and more cautious market sentiment, healthcare has once again moved into focus for capital allocation. From both a fundamental and trading-logic perspective, the rebound in the healthcare sector is not accidental： The defensive profile is reasserting itself: Amid ongoing macro uncertainty, healthcare remains a classic non-cyclical, demand-inelastic sector. With stable cash flows and relatively low earnings volatility, healthcare assets tend to attract inflows when risk appetite moderates. Valuation repair has become a key driver: After the prior correction, overall valuation