Is Alipay Gold a Fund or Futures?

Alipay Gold is a fund, which is connected with E Fund, Boss Gold ETF and Hua 'an Yifu Gold ETF. These funds are operated according to the trend of domestic gold prices.

Futures is a standardized tradable contract that takes commodities as the target and delivers commodities according to the agreed time limit. Futures trade the standard contract of commodities, not the commodities themselves. At present, bulk commodities are mainly traded through futures platforms, with commodity contracts as investment targets.

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