Overview
Description
Royal Canadian Mint – Gold Reserves Unit represents a type of financial instrument associated with gold-backed reserves. Its primary function is to offer investors a means of accessing and investing in gold without physically owning the metal. The units are issued by the Royal Canadian Mint, an esteemed institution in precious metals refining and bullion creation, providing authenticity and reliability. These gold reserves units serve as a store of value and a hedge against inflation, offering diversification to investment portfolios. They are notable for their association with the stability of gold, a traditional safe-haven asset. By providing exposure to gold in a standardized and regulated manner, this asset plays a vital role in the commodities market, attracting both institutional and retail investors.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE