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GLDA

115.67000 EUR
0.69
0.60%
Last update Aug 4, 5:30 PM CEST
Pre-market
Day range
115.080002
115.99000
Previous close
114.98000
Open
115.19000
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Amundi Physical Gold ETC
115.67
0.69
0.60%

Overview

Description

The Amundi Physical Gold ETC is a type of exchange-traded commodity designed to offer investors direct exposure to the gold market. Its primary function is to track the performance of gold spot prices by holding physical gold bullion. This ETC is structured to provide a cost-effective and liquid means for investors to access the precious metals market, making it particularly appealing to those seeking a hedge against economic uncertainty or inflation. Notable for its transparency and security, the Amundi Physical Gold ETC ensures that each share is backed by a proportional amount of physical gold, held in secure vaults. This asset significantly impacts sectors like wealth management and institutional investment portfolios, where gold is often utilized for diversification and risk management. In the financial market, it serves a crucial role by enabling seamless and efficient gold trading without the need for buying, storing, and insuring physical bars, thereby democratizing access to gold investments for both retail and institutional investors.

About

CEO
Employees
0
Address
Phone
+353 1 9058020
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR
Pre-market

Exchange is currently open for pre-market.
Main market opens in 29 minutes

08:30
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).