Get early access! Join the Twelve Data AI Assistant waitlist now.

IAUM

34.44000 USD
0.32
0.94%
Last update Aug 29, 3:59 PM EDT
Market closed
Day range
34.070000
34.45000
Previous close
34.12000
Open
34.070000
Access this ETF data via API
Subscribe
iShares Gold Trust Micro
34.44
0.32
0.94%

Overview

Description

The iShares Gold Trust Micro is an exchange-traded fund designed to closely track the price performance of gold bullion. Its primary function is to offer individual and institutional investors a cost-effective and convenient means to access the precious metals market without the need for direct ownership or physical storage of gold. This trust holds gold bars predominantly in London vaults, ensuring a high level of security and integrity in its holdings. One notable feature of this asset is its fractional approach, allowing investors to engage with gold at a lower price point than larger funds, making it accessible to a broader audience. In the financial market, gold is often seen as a hedge against inflation and currency depreciation, providing a degree of portfolio diversification with a focus on preserving capital. The iShares Gold Trust Micro plays a significant role for investors seeking exposure to the gold sector, commonly acting as a strategic asset for managing economic uncertainties and market volatility.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 11 hours 11 minutes

16:48
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).