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What is etf gold position? What does it have to do with the price of gold?
1.etf gold is a gold exchange-traded fund, which is a fund product derived from the fluctuation of physical gold price. Etf gold fund companies own physical gold, and then convert it into equivalent fund bonds according to the minimum share and sell it to investors. [ 1]

2. In foreign countries, etf gold fund companies have been listed, among which ——SPDR Gold Trust, the world's largest etf gold, holds nearly 1350 tons of gold, and its own assets have reached an alarming figure.

3.etf gold positions are generally based on the position data of SPDR Gold Trust. Whether to increase or decrease gold holdings is a data support for judging the trend of gold, which has strong indicators.