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ETFGLD

JSE
58,645 ZAc
269
0.46%
Last update Jun 20, 4:48 PM SAST
Market closed
Day range
57,527
60,000
Previous close
58,914
Open
60,000
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1NVEST Gold ETF
58,645.00
269
0.46%

Overview

Description

The 1NVEST Gold ETF is a type of exchange-traded fund designed to track the performance of gold bullion price changes. Its primary function is to provide investors with a cost-effective and efficient way to gain exposure to spot gold markets without the need to physically own or store gold bars. This financial instrument is highly attractive for those looking to diversify their portfolios and hedge against economic uncertainties or inflation, leveraging the stability and historical value retention of gold. The ETF accesses the precious metals sector, which plays a crucial role globally as both an investment asset and raw material for various industries, including jewelry, electronics, and dentistry. As part of the ETF structure, it can be traded on exchanges like a stock, offering flexibility and liquidity to retail and institutional investors alike. The 1NVEST Gold ETF stands out in financial markets as a solid choice for those seeking a balance of stability and opportunity amidst economic fluctuations, reflecting the enduring significance and allure of gold as a timeless asset.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
South Africa
MIC code
XJSE
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 22 hours 33 minutes

10:26
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:00
All times are displayed in the Africa/Johannesburg timezone (SAST, UTC+02:00).