Alipay Gold is a digital gold product. Users can buy the rights and interests of physical gold through Alipay, but they do not hold physical gold. The price of Alipay gold is linked to the market price of physical gold. As the price of gold rises, the value of Alipay gold will also rise. When the price of gold falls, the value of Alipay gold will also fall. The income of Alipay gold depends on the change of gold price, so its income is related to the range and direction of the change of physical gold price.
Gold fund is a fund product set up by fund managers by purchasing financial instruments such as gold ETF (exchange traded fund) and tracking the gold price index. The income of gold fund is related to the investment income of financial instruments held by the fund, and it will also be affected by fund management fees, custody fees and other expenses. The valuation and income of gold fund are different from Alipay Gold, which depends on the income of financial instruments held by the fund and the influence of fund management fees and custody fees.
Therefore, although Alipay Gold and Gold Gold Gold are both products that invest in gold, their valuation and income are different. Investors are advised to carefully study and understand the characteristics and risks of products before investing, and choose the investment products that suit them.