On February 28, Wei Liang, an associate researcher of China Institute of modern international relations, was a guest of the financial and financial media live broadcast program "financial interview" of CCTV. Under the conflict between Russia and Ukraine, do ordinary investors want to buy some gold? Wei Liang believes that gold is no longer a qualified hedge asset. Most investors are buying gold ETF, which is already the second largest trading object in the gold spot market. At the same time, the price of gold fluctuates greatly, and short-term operation is not recommended.