Overview
Description
The SS Gold Futures ETN H 83 is an exchange-traded note that provides investors with exposure to the performance of gold futures contracts. Its primary purpose is to track the price movements of gold by offering a strategic alternative to directly investing in physical gold or mutual funds. This ETN is designed for those seeking to benefit from the underlying price fluctuations of gold in the commodity markets, known for its historical role as a hedge against inflation and economic instability.
This financial instrument affects sectors and industries that are highly sensitive to gold prices, such as mining, jewelry, and electronics, where gold is a critical input. In the financial market context, the SS Gold Futures ETN H 83 serves as a versatile tool for portfolio diversification, allowing investors to gain exposure to precious metals without the complexities of storage and security associated with physical assets. The ETN is also significant for facilitating the flow of capital into the commodities market, offering a liquid and transparent means to speculate on or hedge against fluctuations in the gold market.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
South Korea
MIC code
XKRX