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4GLD

94.47500 EUR
0.105
0.11%
Last update Jun 19, 5:30 PM CEST
Main market
Day range
93.93000
94.70500
Previous close
94.58000
Open
94.20500
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Xetra-Gold Mutual Fund
94.48
0.11
0.11%

Overview

Description

Xetra-Gold is a financial instrument designed to track the market price of gold and provide investors with a method to gain exposure to the physical gold market. It is structured as a mutual fund, allowing participants to invest in gold without the need to purchase physical bars. Each unit of Xetra-Gold represents precisely one gram of gold, and it benefits from being backed by actual physical gold held in storage for every issued certificate. Xetra-Gold provides a significant advantage to investors because they can opt for physical delivery of the gold if so desired, offering a tangible connection to their investment. This fund predominantly serves institutional and retail investors who wish to diversify their portfolio with a historically stable asset. Situated in Europe—primarily traded on the European exchange, Xetra—the instrument is widely regarded for its transparency and ease of access, operating under the regulatory framework that ensures investor protection and product reliability. As an investment tool, Xetra-Gold plays a pivotal role in the financial market, especially during periods of economic uncertainty or inflationary environments, where gold is often seen as a safe haven asset.

About

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

Exchange is currently active.
Closing in 1 hour 20 minutes

16:24
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).