Gold ETF fund refers to an open-end fund that invests most of its assets in gold, closely tracks the price of gold and is listed on the stock exchange. So how do gold ETFs trade? What is the detailed introduction of the trading rules?

1. What are the advantages of the gold fund?

1) low handling fee: investors only need to pay part of the management fee when buying gold ETF, and the management fee is relatively low, which reduces the capital cost.

2) Low investment threshold: The investment threshold of these gold in the fund investment market is very low, as low as one yuan, and the investment starting point is small, so ordinary investors can also invest.

3) Higher investment efficiency: Gold ETF adopts "T+0" trading mechanism, which can reduce the time cost of gold and improve the efficiency of capital use.

2. How to buy and sell gold ETF funds?

1) secondary market trading: investors can trade gold ETFs in the secondary market with their own securities and fund accounts.

2) Cash redemption: Investors can buy ETF fund shares directly in cash or redeem ETF shares to get cash.

3) Gold spot contract: investors can purchase ETF shares with gold spot firm contract, or redeem ETF shares to obtain gold spot firm contract.

3. Detailed explanation of gold ETF trading rules.

1) The trading hours of gold ETFs are the same as those of stocks: Monday to Friday at 9: 30-1:30, 13: 00- 15: 00.

2) The trading unit of gold ETF is the same as that of stocks, and it is calculated as 100 shares per lot, and each lot corresponds to 1 gram of gold, that is, the market price of gold on that day.

3) The gold ETF is a T+0 trading mechanism, and the shares bought on the same day can be sold on the same day, which has the same price limit of 10% as stocks to protect investors.

4) Expected income = closing amount on the current day-total investment amount; Account amount after the close of the day = grams of gold held x closing price of the day.

The above is the trading method of gold ETF fund. I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.