Overview
Description
X IE Physical Gold ETC is an exchange-traded commodity designed to provide investors with an efficient and convenient way to invest in physical gold. This ETC seeks to track the spot price of gold, offering direct exposure to this precious metal without the challenges of purchasing, storing, and insuring physical gold bars. It is backed by gold bullions held in secure vaults, providing a transparent and cost-effective method for institutions and individual investors to diversify their portfolios. The product is traded on major stock exchanges and is accessible to a broad range of market participants. X IE Physical Gold ETC plays an important role in the financial markets as a tool for hedging against inflation, currency fluctuations, and as a safe-haven asset during market volatility, making it a vital component for those looking to balance risk and preserve wealth.
About
Address
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL