Overview
Description
The Global X Gold ETF is a financial asset designed to track the performance of the price of gold, providing investors with an opportunity to gain exposure to this precious metal without the need to physically hold it. This exchange-traded fund (ETF) focuses on the gold market, making it a suitable choice for those looking to diversify their portfolio with commodities. Global X Gold ETF achieves its objective by holding gold bullion and replicating the price movements of gold. Gold, as a commodity, is often seen as a hedge against inflation and market volatility, and the ETF allows investors to tap into these characteristics. It is prominently used in portfolios to reduce risk or to speculate on changes in gold prices. The fund operates within a robust regulatory framework, ensuring transparency and liquidity for investors. It plays a significant role in the financial markets, serving both retail investors and institutional players who seek diversification and stability.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE