1. Gold funds are divided into on-site ETF funds and off-site linked funds, which are fund products sold by platforms such as Alipay.
2. The subscription starting point of ordinary OTC gold funds is 1 yuan, and there is no handling fee for buying. T-day purchase, T+ 1 day confirm the share according to T-day gold price, and T+ 1 day update the net value to check the expected return.
3. You can choose to buy the fund share and sell it. The fund at the time of selling is confirmed according to the gold price on the trading day. For example, if investors sell before T-day 15:00, the gold price on T+ 1 day will be confirmed. If it is sold after T day 15:00, it shall be confirmed according to the gold price of T+ 1 day.
4. The calculation formula of expected return of gold fund is: expected return held = (gold price-cost gold price) * grams held. The gold price and expected income of that day will not be updated until the evening, so investors don't know the gold price of that day when they sell during the day.
Gold fund market
1, United States: most countries and regions and official holders of international financial institutions deposit gold in the United States, of which more than 10000 tons are deposited in the Federal Reserve Bank of new york. The storage place is a huge underground gold maze, in which gold warehouses of various countries or institutions are scattered all over the place, but see the Golden Mountain Tower, resplendent and magnificent. When gold needs to be delivered after the transaction, porters move huge gold bars or nuggets from the seller's warehouse to the buyer's warehouse. Because of the huge transaction volume, they move around every day according to the transaction demand, and they are really people who move Jinshan. The gold market in New York developed after 1975 abolished the gold control. With new york becoming the fourth largest gold processing center in the world, the New York gold market has become a link between gold producers and processors. Among them, gold bars often weigh 400 ounces or 100 ounces.
2. Switzerland: Switzerland's neutral status and its special banking system have created a free and confidential environment for gold trading, so Switzerland has become the world's largest gold transit station and private new gold storage center. Zurich Gold Vault consists of First Boston Bank and UBS. It is not under the jurisdiction of the government and does not implement the gold pricing system.
3. London: It is an old gold market, which consists of five traditional gold banks. The price of gold is fixed, once in the morning and once in the afternoon. The fixed price of London gold is almost the benchmark price of the world gold market. London's gold trading scale ranks first in the world.
4. Hong Kong gold market: 19 10 opened, which is the main gold distribution center and settlement center in the Far East, connecting the New York gold market and the European gold market.
5. Singapore Gold Market: Established in 1969, it rose due to the re-export conditions.
6. China Shanghai Gold Exchange: The establishment of China Shanghai Gold Exchange has made China's gold market, money market, securities market and foreign exchange market form a complete financial market system in China.
The gold futures market mainly includes New York Commodity Futures Exchange and Tokyo Commodity Futures Exchange, and other commodity exchanges in S? o Paulo, Chicago and Central America are also quite large.