Overview
Description
The Royal Mint Responsibly Sourced Physical Gold ETC is an exchange-traded commodity designed to offer investors exposure to the value of gold. It is directly backed by physical gold bars that are stored at The Royal Mint's secure vaults in the United Kingdom, ensuring a tangible asset support. The distinguishing feature of this ETC is its commitment to using gold that is responsibly sourced, reflecting growing consumer demand for ethical investment options. This includes adherence to strict environmental, social, and governance (ESG) principles throughout the gold's supply chain.
The Royal Mint's ETC enables investors to benefit from the price movements of gold without needing to manage the complexities of physically storing and securing gold themselves. It plays a key role in diversified portfolios by providing a hedge against inflation and currency fluctuations. Additionally, it underlines the connection between traditional investments in precious metals and contemporary concerns over sustainability and ethical sourcing. As part of the broader commodity market, it appeals to investors seeking to balance their holdings with a tangible asset that has historically been a safe haven during economic uncertainties.
About
Instrument type
Common stock
Sector
Industry
Country
France
MIC code
XPAR