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EWG2

94.055000 EUR
0.005
0.01%
Last update Jul 15, 8:00 AM CEST
Main market
Previous close
94.050003
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Euwax Gold II
94.06
0.00
0.01%

Overview

Description

Euwax Gold II is a commodity asset designed to enable efficient investment in physical gold by institutional and retail investors. Primarily issued on the Stuttgart Stock Exchange, this asset provides a cost-effective and secure method of holding gold without needing to physically store the metal by oneself. Euwax Gold II is fully backed by physical gold, meaning each unit of the asset corresponds to a tangible amount of gold stored securely in a vault. This characteristic gives investors the assurance of intrinsic value tied to real precious metal. Notable for its transparency and simplicity, Euwax Gold II allows for real-time trading and pricing in euros, making it particularly attractive to investors within the Eurozone seeking to hedge against inflation or currency fluctuation. By facilitating access to gold, it plays a vital role in portfolio diversification strategies and acts as a safe-haven asset during periods of economic uncertainty. The asset's intrinsic link to physical gold, combined with its ease of trading, enhances its appeal as a modern financial instrument within the precious metals market.

About

Address
Phone
Website
Instrument type
Mutual fund
Country
Germany
MIC code
XSTU
Main market

Exchange is currently active.
Closing in 10 hours 38 minutes

11:21
00:00
08:00
22:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).