The gold fund itself tracks the price of gold. The rise and fall of this fund is highly similar to the rise and fall of the gold price, so it is a more convenient choice not to worry about buying fakes.
However, the long-term return of the gold fund itself is not high. We can see that the price of gold has risen a lot in a year or two, but it has only returned to the high price of 20 1 1. If you bought gold on 20 1 1, you may have been trapped for 9 years now, so the long-term return of gold is not too high. If you are really optimistic, you can control your family.
How should gold be valued?
The valuation of gold does not have cash flow like stocks and bonds. This is a convenient estimate. We can look at the average mining cost of gold all over the world. If you use this average mining cost, it is still cheaper. What is the mining cost? It's about $65438 +0.250 per ounce. Is the current gold price at $65,438 +0.700 per ounce, or is it higher than the mining cost?
From 20 14 to 20 18, for a long time, the price of gold often fell below the mining cost and there was no chance to buy it, but the long-term return of gold was not high, so we don't have to expect too much.