Overview
Description
The Invesco Physical Gold Exchange-Traded Commodity is a specialized financial instrument designed to enable investors to gain direct exposure to gold while eliminating the need for physical ownership. This ETC is backed by actual gold bullion stored in secure vaults, providing a high level of transparency and assurance to the investor. The primary role of this exchange-traded commodity is to act as a hedge against inflation and currency fluctuations, given gold's historical status as a store of value during times of economic uncertainty. It plays a significant role in the commodities and precious metals sectors, attracting investors looking to diversify their portfolios with a safe-haven asset. By offering the exposure to gold's price movements through a listed and tradeable security, this ETC ensures liquidity and ease of access for individual and institutional investors alike, contributing significantly to the broader precious metals market.
About
Address
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Phone
+44 20 33701100
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL