ETF gold position refers to a financial derivative product based on gold and tracking the fluctuation of spot gold price. Large gold producers entrust physical gold to fund companies, and then fund companies rely on these physical gold to publicly issue fund shares on exchanges and sell them to various investors. Commercial banks act as fund custodians and physical custodians respectively, and investors can freely redeem the funds during their existence.

ETF gold holdings are very high, so its gold trading operations will generally affect the price of the gold market.

This is the trend of gold investment and the factor of gold price fluctuation.

ETF gold positions are generally based on the position data of SPDR Gold Trust, and whether to increase or decrease gold holdings is the data support to judge the trend of gold prices, which has strong indicators. Let's take a look at the influence of etf gold positions on gold prices to remind investors.

1. With the increase of trading volume, ETF gold holdings decrease and prices rise, indicating that prices will fall immediately;

2. With the increase of trading volume, ETF gold holdings and prices decrease, and prices may turn to rebound;

3. In terms of trading volume, ETF gold holdings increased and prices rose, indicating that prices may continue to rise;

4. Volume, ETF gold holdings increase, prices fall, and prices may fall in the short term;

5. Trading volume, ETF gold holdings decreased, prices fell, and prices will continue to fall in the short term;

6. The trading volume and ETF gold positions decrease, and the price rises, indicating that the price will rise in the short term and will fall back soon.