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PHAU

MTA
270.29999 EUR
1.96
0.73%
Last update Aug 1, 5:24 PM CEST
Market closed
Day range
266.17999
270.29999
Previous close
268.34000
Open
268.079987
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WisdomTree Physical Gold
270.30
1.96
0.73%

Overview

Description

WisdomTree Physical Gold is a commodity-based exchange-traded product designed to offer investors a way to gain exposure to the physical gold market. Its primary purpose is to track the performance of the price of gold, providing a simple, cost-efficient, and highly liquid investment in the precious metal. This asset holds physical gold bullion securely in a vault, which ensures that the value of each security unit directly correlates with a specific quantity of gold. As a tangible asset, gold is renowned for its role as a safe haven during financial uncertainty and its ability to hedge against inflation. The product serves a diverse group of investors, including those looking to diversify portfolios, protect against currency fluctuations, or seek long-term wealth preservation. WisdomTree Physical Gold is commonly utilized across various sectors including individual and institutional investors, as well as wealth managers. In the financial market, it represents a crucial component for portfolios focused on commodities, providing strategic exposure to one of the most established stores of value throughout history. By allowing investors access to the gold market without the complexities of futures contracts or barriers of physical storage, WisdomTree Physical Gold plays a significant role in the efficient allocation of risk and return.

About

Address
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 23 hours 4 minutes

08:55
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:00
Main market
09:00 - 17:30
All times are displayed in the Europe/Rome timezone (CEST, UTC+02:00).