The price of gold rose. Does the Gold Foundation go up?
Gold may not necessarily rise, because the rise and fall of gold is not directly related to the gold fund, but mainly related to the depreciation of the dollar, war, inflation and other factors.
Take inflation as an example: when the central bank implements a large number of easing policies, the money supply circulating in the market is too large, which will lead to the situation that the money is worthless and prices rise. In order to maintain the value of the currency and prevent the devaluation of the currency, investors will use funds to buy gold to preserve the value, so the market demand for gold will increase, which will lead to an increase in the price of gold.
Gold rose, why didn't the gold fund rise?
Because the rise and fall of gold funds has nothing to do with gold, gold funds mainly look at investment targets. Only when the investment target of gold fund rises, gold will rise, and the investment target will fall, and the gold fund will fall.
Therefore, when you invest in a gold fund, you should first pay attention to the target of the gold fund, and then the fund manager. Because buying a fund means giving money to the fund manager for investment, it is also important to choose a good fund manager. In addition, we should also consider the fund size, the level of morning star, the past performance of gold funds and so on.