Overview
Description
Goldman Sachs Physical Gold, Inc. is involved in the management and issuance of a financial asset that facilitates access to gold investments. Its primary function is to offer investors a convenient and cost-effective way to gain exposure to the price movements of gold, a metal renowned for its role as a store of value and hedge against inflation. The asset is backed by physical gold bars stored in secure vaults, ensuring that each share corresponds to a specific quantity of gold. This feature distinguishes it from other gold derivatives that may not offer the same level of tangible backing. Goldman Sachs Physical Gold, Inc. plays an important role in the precious metals sector by bridging the gap between traditional gold investments, such as coins and bars, and the modern, liquid investment vehicles found in the financial markets. Its presence in the market caters to individual and institutional investors seeking to diversify their portfolios with a focus on safety and the historical stability associated with gold investments.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United States
MIC code
ARCX