在过去半个世纪的市场上，黄金价格历史上有所上涨

当投资者在不确定的宏观经济背景下，贵金属仍然是投资者的首选

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.

在过去半个世纪的市场上，黄金价格历史上飙升。贵金属仍然是投资者的首选，因为他们在美国高关税，与中国的贸易战不断升级以及联邦政府内部的动态变化中驾驶不确定的宏观经济背景。

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.

由于持续的市场动荡，黄金价格飙升至创纪录的2,460英镑（3,245美元）。经过时间考验的有形资产将于今年的进一步增长定位，因为经济学家预测通货膨胀率上涨，消费者价格上涨，全球供应链中断，股票市场波动以及2025年剩余剩余的美国经济衰退的机会增加。最新的股票市场崩溃使投资者的货币销量消失了，因为投资者将付出了很多，因为美国大型Benchmark Indexs Indexs拒绝了降低了票房，因此销售了。

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.

投资者涌向黄金，以抵消市场波动期间股票投资造成的损失。贵金属还保护投资组合免受法定货币通货膨胀和不稳定的影响。

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

黄金的供应有限，可移植性，交换性，普遍需求和与股票市场的负相关性，例如，有几个因素继续提高价格。

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.

根据纽约大学船尾估计，2025年1月的75.82英镑（100美元）的黄金投资价值为9,590英镑（12,649美元），超过12,000％的价值升值。

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

这种令人难以置信的表现证明了黄金在长期内超过通货膨胀和市场动荡的能力。

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

多年来，黄金的可访问性明显提高，购买金黄色的最佳方法主要取决于投资者的偏好。

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.

投资者可以从贵金属经销商处购买酒吧或硬币表格的实物黄金。但是，这种投资选择带有与存储，安全，交易费用，保管人和保险费用有关的麻烦。

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.

您可以通过经纪帐户购买黄金交换基金（ETF）的单位来避免这些成本和疑虑，因为这些投资工具跟踪了黄金价格的变动，提供高流动性和收取低费用。

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.

许多投资者还购买了黄金开采股，以间接接触贵金属。尽管对黄金的需求不断增长意味着更多的采矿要求，但采矿公司的股价受环境指标和财务业绩而不是黄金价格的影响更大。

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，许多金矿和采矿业都位于政治活跃地区，面临监管挑战，这增加了对股价变动的不确定性。

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，诸如Sprott实体黄金信托基金之类的封闭信托基金使投资者可以购买存储在安全保险库中的真正黄金。该基金最独特的特征是，您可以通过购买基金单位来获得黄金，如果需要在极端市场危机中，可以将其兑换为同等的实物黄金。黄金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物理黄金基金消除了运营和管理风险，处理和存储问题以及由监管障碍等外部因素引起的任何波动。

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.

该基金的单位在多伦多证券交易所（TSX）上列出和交易，可以像其他任何股票一样买卖。这些单元完全由实物黄金支持，该单位存储在加拿大和伦敦的安全，隔离的拱顶中。

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.

该基金不支付任何利息或股息，较低的年度管理费为0.37％。它也被A级RBG完全覆盖。

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实物黄金信托基金是一款理想的投资工具，对于想要以最小的麻烦且低成本的投资者来说，投资者是一种理想的投资工具。对于那些关心投资黄金矿股或其他类型的黄金衍生品的风险的投资者来说，这也是一个不错的选择。

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的董事长兼首席执行官Eric Sprott在接受Benzinga的采访时，强调了Sprott物理黄金信托的独特功能，并解释了为什么它是寻求直接接触贵金属的投资者的首选。

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，信托单位本质上是黄金的“ iOus”，允许投资者购买该基金的单位，这些单位已在TSX上列出和交易。如果需要，可以将这些单元兑换为潜在的实物黄金，尤其是在紧急或极端市场状况下。

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.

黄金ETF通常不可用，黄金ETF也应受到操作和管理风险，处理和存储问题的影响，以及由法规障碍等外部因素引起的潜在波动。

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实物黄金信托基金是一项封闭式信托基金，仅拥有实物黄金，消除任何运营或管理风险并确保稳定且可预测的投资工具。

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%.

该基金的单位像其他任何股票一样被买卖，并且不支付任何利息或股息，尽管年度管理费较低0.37％。