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CSGLDC

SIX
221.050003 CHF
0.8
0.36%
Last update Aug 5, 5:10 PM CEST
Market closed
Day range
218.55000
221.10001
Previous close
220.25
Open
219.95000
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iShares Gold CHF Hedged CH
221.05
0.80
0.36%

Overview

Description

The iShares Gold CHF Hedged CH is an exchange-traded commodity (ETC) that allows investors to gain exposure to the gold market, with the added benefit of currency hedging against Swiss Franc currency (CHF) fluctuations. This asset is designed to reflect the performance of the price of gold, aiming to track the movements of gold prices accurately while minimizing the adverse impact of currency exchange rate volatility. It plays a crucial role for those who are looking for an investment in gold but are concerned about currency risk, particularly in the context of Swiss investment portfolios. Notably, this ETC can cater to both retail and institutional investors seeking a hedge against inflation or seeking a safe-haven asset. The iShares Gold CHF Hedged CH contributes significantly to the financial markets by enabling diversification in portfolios, reducing overall risk exposure, and allowing for strategic asset allocation in commodities without the currency exposure inherent in unhedged investments. It reflects iShares' ongoing commitment to providing innovative investment solutions tailored to investors' needs for risk management.

About

Address
Phone
Instrument type
ETF
Country
Switzerland
MIC code
XSWX
Market closed

Exchange is currently closed
Main market opens in 31 minutes

08:28
00:00
09:00
17:20
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:20
Post-market
18:15 - 22:00
All times are displayed in the Europe/Zurich timezone (CEST, UTC+02:00).