Gold Exchange Traded Funds: Current Developments and Future Prospects in China

Abstract

The gold exchange traded fund is a burgeoning product to invest in gold. It has very positive significance as foreign exchange, financial safety and avoiding inflation to a country. At the same time, it is convenient to invest in gold exchange traded funds for small and medium-sized investors and extremely welcomed by market. However, most of the investors don't understand gold exchange traded funds. This study was designed to clarify this understanding with the help of literature and analyze the developments of gold exchange traded funds and future prospects, specifically in China.