Exchange traded funds have transformed the gold market. Since the first fund was launched nearly a decade ago, the products have become so successful in offering a simple way for investors to buy physical gold that they have acquired the nickname “the people’s central bank”.
交易所交易基金(ETF)彻底改变了黄金市场的面貌。自十年前第一只黄金ETF发行以来，这种产品取得了很大的成功，它为投资者提供了一种购买实物黄金的便利方式，人们因此给它取了个绰号——“人民的央行”。
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