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XSLR

47.021999 EUR
0.512
1.10%
Last update Aug 13, 5:30 PM CEST
Market closed
Day range
47.0099983
47.18200
Previous close
46.51000
Open
47.057999
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Xtrackers IE Physical Silver ETC
47.02
0.51
1.10%

Overview

Description

The Xtrackers IE Physical Silver ETC is an exchange-traded commodity that provides investors with exposure to the silver market. Its primary function is to mimic the performance of silver prices by holding the physical metal, thereby offering investors a direct link to the commodity market. This financial instrument is integral for those aiming to diversify their portfolios with precious metals, specifically silver, without physically acquiring the metal. Distinctive features of this ETC include its backing by physical silver stored in secure vaults, ensuring that the value of each share is directly tied to a tangible, real-world asset. It plays a significant role in the financial market by offering a more accessible alternative to traditional silver investments like futures contracts or mining stocks. As a component of the commodity sector, the Xtrackers IE Physical Silver ETC serves individuals and institutional investors looking to hedge against inflation or geopolitical risks, given silver's historical status as a store of value. This asset supports market liquidity and pricing transparency, contributing to a well-rounded investment strategy across various economic conditions.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR
Market closed

Exchange is currently closed
Pre-market opens in 7 hours 36 minutes

23:23
00:00
09:00
17:45
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 09:00
Main market
09:00 - 17:45
Post-market
17:30 - 20:30
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).