Gold ETF fund shares are basically denominated in RMB, and each fund share corresponds to 0.0 1g gold. According to the lowest trading unit of SSE, the share of each fund is 1g gold, which is about RMB 300 yuan. Investors must use the gold ETF trading platform, which is generally provided by securities companies. The trading hours of gold ETFs are generally 93:30- 1 1:30 and 1:00- 15:00 from Monday to Friday. In fact, this trading time also has advantages. The trading time of these two periods is consistent with that of the United States, and investors can get more international information.

In addition, the gold ETF implements the trading mechanism of T 0, which means that the stocks bought on the same day can be sold on the same day, reducing the risk of holding positions overnight. Like stocks, the gold ETF has a limited fluctuation range, not exceeding 10%, which increases the stability of the gold ETF.

(1) gold ETFs must be traded at 9: 30- 1 1:30 and 1:00- 15:00 from Monday to Friday.

(2) The transaction commission charged by general brokers is 0.03%-0.08%. The bid-ask spread of gold ETF products is the middle difference between the buying price and the selling price when the products are listed. The gold ETF also has an annual management fee of 0.6%.

This is the whole content of gold ETF. Gold ET is a T+0 trading mechanism, which means that stocks bought on the same day can also be sold on the same day, thus reducing the risk of holding overnight positions. Therefore, compared with spot gold, gold etf is more suitable for investors who are unwilling to take big risks and want to participate in precious metals investment.