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RMAU

LSE
33.41125 USD
0.2087
0.62%
Last update Jun 17, 4:04 PM BST
Main market
Day range
33.30750
33.57000
Previous close
33.62000
Open
33.45500
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The Royal Mint Responsibly Sourced Physical G...
33.41
0.21
0.62%

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

CEO
Employees
0
Address
Phone
Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON
Main market

Exchange is currently active.
Closing in 2 hours 12 minutes

14:17
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).