Gold and silver ETF funds refer to a financial derivative product that uses gold and silver as the underlying asset and tracks the price fluctuations of spot gold and silver.

Large gold and silver producers consign physical gold to fund companies, and then fund companies rely on this physical gold to publicly issue fund shares on the exchange and sell them to various investors. Commercial banks serve as fund custodians and physical custody respectively.

Yes, investors can redeem funds freely during the duration of the fund.

Gold and silver ETFs are listed on stock exchanges, and investors can trade gold ETFs as easily as stocks.

Low transaction fees are a major advantage of gold ETFs.

Investors who purchase gold ETFs can avoid gold custody fees, storage fees and insurance premiums, and only need to pay management fees that are usually about 0.3% to 0.4%, compared with the average 2% to 3% of other gold investment channels.

Cost, the advantages are very prominent.