Although both are gold investment products,

But by compare all aspects of its product information,

Paper gold has more investment advantages.

First of all, in paper gold trading, the transaction fee involved is a unilateral spread, which is generally set as 0.4 yuan ~0.5 yuan/gram as a fixed fee.

Compared with paper gold products, gold ETF has the advantage of low transaction cost, but its transaction time is flawed and the threshold for gold withdrawal is too high.

Secondly, the transaction cost of gold ETF is divided into two parts. First, the transaction commission charged by brokers is generally 0.03%~0.08%.

The other part is the bid-ask spread of gold ETF products when they are listed and traded.

Gold ETF and fund management fee. The annual management fee of two gold ETFs is 0.6%, and paper gold does not have this fee.

Gold ETF realizes T+0 trading, and the share bought on the same day can be sold on the same day. Theoretically speaking, risks do not happen overnight.

But what investors can't ignore is that gold ETFs are traded on the securities trading platform, and the securities trading time is short.

There are only two trading hours in the morning and afternoon, which has inherent defects. After all, the trading activity of Gold International is at night.

In contrast, paper gold has outstanding advantages. Commercial banks generally have a 24-hour trading mechanism for paper gold varieties, and the system of the Gold Exchange has also realized night market trading.

They are more conducive to short-term investors to better grasp the opportunities in the gold market.