在過去半個世紀的市場上，黃金價格歷史上有所上漲

當投資者在不確定的宏觀經濟背景下，貴金屬仍然是投資者的首選

Gold prices have historically surged during market upheavals in the last half-century. The precious metal remains a top pick for investors as they navigate an uncertain macroeconomic backdrop fueled by high US tariffs, an escalating trade war with China, and dynamic changes within the federal government.

在過去半個世紀的市場上，黃金價格歷史上飆升。貴金屬仍然是投資者的首選，因為他們在美國高關稅，與中國的貿易戰不斷升級以及聯邦政府內部的動態變化中駕駛不確定的宏觀經濟背景。

Gold prices soared to a record high of £2,460 ($3,245) per ounce last week amid the ongoing market turmoil. The time-tested tangible asset is positioned for further growth this year as economists forecast higher inflation, rising consumer prices, global supply chain disruptions, stock market volatility, and increasing chances of a US recession for the remainder of 2025. The latest stock market crash wiped out trillions of dollars from investor accounts as major US benchmark indexes declined to correction territory.

由於持續的市場動盪，黃金價格飆升至創紀錄的2,460英鎊（3,245美元）。經過時間考驗的有形資產將於今年的進一步增長定位，因為經濟學家預測通貨膨脹率上漲，消費者價格上漲，全球供應鏈中斷，股票市場波動以及2025年剩餘剩餘的美國經濟衰退的機會增加。最新的股票市場崩潰使投資者的貨幣銷量消失了，因為投資者將付出了很多，因為美國大型Benchmark Indexs Indexs拒絕了降低了票房，因此銷售了。

Investors are flocking to gold to offset the losses arising from stock investments during market volatility. The precious metal also protects investment portfolios from the effects of inflation and instability in fiat currencies.

投資者湧向黃金，以抵消市場波動期間股票投資造成的損失。貴金屬還保護投資組合免受法定貨幣通貨膨脹和不穩定的影響。

Several factors, like gold's limited supply, portability, exchangeability, universal demand, and negative correlation to stock markets, continue to lift its prices.

黃金的供應有限，可移植性，交換性，普遍需求和與股票市場的負相關性，例如，有幾個因素繼續提高價格。

According to an NYU Stern estimate, a £75.82 ($100) investment in gold in 1928 would be worth £9,590 ($12,649) in January 2025—more than a 12,000% value appreciation.

根據紐約大學船尾估計，2025年1月的75.82英鎊（100美元）的黃金投資價值為9,590英鎊（12,649美元），超過12,000％的價值升值。

This incredible performance is a testament to gold's enduring value and ability to outpace inflation and market turbulence over the long term.

這種令人難以置信的表現證明了黃金在長期內超過通貨膨脹和市場動蕩的能力。

Accessibility to gold has markedly improved over the years, and the best way to buy it mainly depends on investor preferences.

多年來，黃金的可訪問性明顯提高，購買金黃色的最佳方法主要取決於投資者的偏好。

Investors can buy physical gold in bar or coin form from a precious metals dealer. However, this investment option comes with hassles related to storage, safety, transaction fees, custodian and insurance costs.

投資者可以從貴金屬經銷商處購買酒吧或硬幣表格的實物黃金。但是，這種投資選擇帶有與存儲，安全，交易費用，保管人和保險費用有關的麻煩。

You can avoid these costs and concerns by purchasing units of a gold exchange-traded fund (ETF) via a brokerage account since these investment instruments track the movements of gold prices, offer high liquidity, and charge low fees.

您可以通過經紀帳戶購買黃金交換基金（ETF）的單位來避免這些成本和疑慮，因為這些投資工具跟踪了黃金價格的變動，提供高流動性和收取低費用。

Many investors also purchase gold mining stocks for indirect exposure to the precious metal. While the growing demand for gold means more mining requirements, the stock prices of mining companies are more impacted by environmental metrics and financial performance instead of the gold prices.

許多投資者還購買了黃金開採股，以間接接觸貴金屬。儘管對黃金的需求不斷增長意味著更多的採礦要求，但採礦公司的股價受環境指標和財務業績而不是黃金價格的影響更大。

Furthermore, many gold mines and mining businesses are located near politically active regions and face regulatory challenges, adding to the uncertainty over share price movements.

此外，許多金礦和採礦業都位於政治活躍的地區，面臨監管挑戰，這增加了對股價變動的不確定性。

However, closed-end trust funds like the Sprott Physical Gold Trust allow investors to buy real gold stored in secure vaults. The most unique feature of this fund is that you can gain exposure to gold by purchasing units of the fund, which can be redeemed for equivalent physical gold if need be during an extreme market crisis. This feature is rarely available with gold ETFs.

但是，諸如Sprott實體黃金信託基金之類的封閉信託基金使投資者可以購買存儲在安全保險庫中的真正黃金。該基金最獨特的特徵是，您可以通過購買基金單位來獲得黃金，如果需要在極端市場危機中，可以將其兌換為同等的實物黃金。黃金ETF很少可用此功能。

Moreover, the Sprott Physical Gold fund eliminates operational and management risks, handling and storage issues, and any volatility caused by external factors like regulatory hurdles.

此外，Sprott物理黃金基金消除了運營和管理風險，處理和存儲問題以及由監管障礙等外部因素引起的任何波動。

The fund's units are listed and traded on the Toronto Stock Exchange (TSX) and can be bought and sold like any other stock. These units are fully backed by physical gold, which is stored in secure, segregated vaults in Canada and London.

該基金的單位在多倫多證券交易所（TSX）上列出和交易，可以像其他任何股票一樣買賣。這些單元完全由實物黃金支持，該單位存儲在加拿大和倫敦的安全，隔離的拱頂中。

The fund pays no interest or dividends and has a low annual management fee of 0.37%. It is also fully covered by an A-rated RBG.

該基金不支付任何利息或股息，較低的年度管理費為0.37％。它也被A級RBG完全覆蓋。

The Sprott Physical Gold Trust is an ideal investment vehicle for investors who want to own physical gold with minimal hassle and at a low cost. It is also a good option for investors who are concerned about the risks of investing in gold mining stocks or other types of gold derivatives.

Sprott實物黃金信託基金是一款理想的投資工具，對於想要以最小的麻煩且低成本的投資者來說，投資者是一種理想的投資工具。對於那些關心投資黃金礦股或其他類型的黃金衍生品的風險的投資者來說，這也是一個不錯的選擇。

In an interview with Benzinga, Eric Sprott, chairman and CEO of Sprott, highlighted the unique features of the Sprott Physical Gold Trust and explained why it is a preferred choice for investors seeking direct exposure to the precious metal.

Sprott的董事長兼首席執行官Eric Sprott在接受Benzinga的採訪時，強調了Sprott物理黃金信託的獨特功能，並解釋了為什麼它是尋求直接接觸貴金屬的投資者的首選。

Sprott stated that the trust's units are essentially "IOUs" for the gold, allowing investors to buy units of the fund, which are listed and traded on the TSX. These units can be redeemed for the underlying physical gold if needed, especially during an emergency or extreme market condition.

Sprott表示，信託單位本質上是黃金的“ iOus”，允許投資者購買該基金的單位，這些單位已在TSX上列出和交易。如果需要，可以將這些單元兌換為潛在的實物黃金，尤其是在緊急或極端市場狀況下。

This feature is not typically available with gold ETFs, which are also subject to operational and management risks, handling and storage issues, and potential volatility caused by external factors like regulatory hurdles.

黃金ETF通常不可用，黃金ETF也應受到操作和管理風險，處理和存儲問題的影響，以及由法規障礙等外部因素引起的潛在波動。

In contrast, the Sprott Physical Gold Trust is a closed-end trust fund that holds only physical gold, eliminating any operational or management risks and ensuring a stable and predictable investment vehicle.

相比之下，Sprott實物黃金信託基金是一項封閉式信託基金，僅擁有實物黃金，消除任何運營或管理風險並確保穩定且可預測的投資工具。

The fund's units are bought and sold like any other stock, and it pays no interest or dividends, although it has a low annual management fee of 0.37%.

該基金的單位像其他任何股票一樣被買賣，並且不支付任何利息或股息，儘管年度管理費較低0.37％。