Overview
Description
The ZKB Gold ETF, a type of exchange-traded fund, serves as a convenient investment vehicle focused on physical gold. The primary function of this ETF is to offer investors exposure to the price movements of gold while alleviating the need to handle physical bullion directly. The fund achieves this by holding gold bars, ensuring that each share is backed by actual gold assets stored securely in vaults. This makes it an attractive option for those looking to diversify their portfolios with precious metal investments.
ZKB Gold ETF prominently impacts sectors such as commodities and precious metals, appealing to investors interested in hedging against inflation or seeking a safe haven asset during economic uncertainty. Its role in the financial market is significant as it provides liquidity, transparency, and an efficient way to trade gold without the complexities involved in the direct purchase of physical gold. As a component of the global precious metals market, the ZKB Gold ETF also helps stabilize gold demand and prices by providing a structured, regulated platform for trading this valuable natural resource.
About
Instrument type
ETF
Country
Germany
MIC code
XBER