1. Gold funds are divided into on-site ETF funds and off-site linked funds, which are fund products sold by platforms such as Alipay.
2. The starting point for the subscription of common OTC gold funds is 1 yuan, and there is no handling fee for the purchase. Buy on T-day, confirm the share according to the gold price on T-day on T+1, and check the expected return after the net value on T+1 is updated.
3. You can choose to sell the purchased fund after the share is confirmed, and the fund at the time of selling is confirmed according to the gold price on the selling trading day. For example, if the investor sells before 15: on T-day, it will be confirmed by the gold price on T+1. If it is sold after 15: on T day, it will be confirmed according to the gold price on T+1 day.
4. The formula for calculating the expected return of a gold fund is: expected return held = (gold price-cost gold price) * grams held. However, the gold price and expected income of that day will not be updated until the evening, so investors do not know the gold price of that day when they sell during the day.
gold fund market
1. United States: Official holders of most countries and regions and international financial institutions deposit gold in the United States, and more than 1, tons of gold are deposited in the Federal Reserve Bank of New York. The storage place is a huge underground gold maze, in which gold warehouses of various countries or institutions are scattered all over the place, but see the golden hill block, which is glittering. When gold needs to be delivered after trading, porters move huge gold bars or nuggets from the seller's warehouse to the buyer's warehouse. Because of the huge trading volume, they move around every day according to the trading needs, and they are really the ones who move Jinshan. The New York gold market developed after the gold control was abolished in 1975. With new york becoming the fourth largest gold processing center in the world, new york gold market has become the link between gold producers and processors. The gold bars traded often weigh 4 ounces or 1 ounces.
2. Switzerland: Because of its neutral position and its special banking system, Switzerland has created a free and confidential environment for gold trading, so it has become the world's largest gold transit station and private new gold storage center. Zurich Gold Treasury is composed of First Boston Bank and Union Bank of Switzerland. It is not under the jurisdiction of the government and does not implement the fixed price system for gold.
3. London is a veteran gold market, which consists of five traditional gold banks. The price of gold is fixed, once in the morning and once in the afternoon. The fixed price of gold in London is almost the benchmark price of the world gold market. The scale of gold trading in London ranks first in the world.
4. Hongkong Gold Market: It was opened in 191, and now it is the main gold distribution and settlement center in the Far East, connecting the new york gold market and the European gold market.
5. Singapore Gold Market: Established in 1969, it rose because of its entrepot conditions.
6. China and Shanghai Gold Exchange: The establishment of China and Shanghai Gold Exchange has made China's gold market, money market, securities market and foreign exchange market together form a complete financial market system in China.
The gold futures market mainly includes the New York Commodity Futures Exchange and the Tokyo Commodity Futures Exchange, and other commodity exchanges in S? o Paulo, Chicago and Central America are also quite large.