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XAD2

192.67999 EUR
2.59
1.33%
Last update Jun 20, 5:30 PM CEST
Market closed
Day range
191.39000
194.21001
Previous close
195.27000
Open
191.39000
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Xtrackers Silver ETC EUR Hedged
192.68
2.59
1.33%

Overview

Description

Xtrackers Silver ETC EUR Hedged is an Exchange Traded Commodity designed to provide investors with a cost-effective and efficient way to gain exposure to silver markets, with the added feature of currency risk management. The primary function of this ETC is to track the performance of the silver spot price by investing in physical silver, and it specifically hedges against fluctuations in the EUR/USD exchange rate. This hedging is particularly valuable for Eurozone investors who wish to focus on silver's price movements without being affected by currency volatility. This asset is significant in commodity markets as it offers investors a liquid and accessible means of participating in the precious metals sector, which is a traditional hedge against inflation and economic uncertainty. Silver, known for its industrial usage in technology and electronics, as well as its traditional role in jewelry, benefits from diverse demand factors. The Xtrackers Silver ETC EUR Hedged thus serves a dual purpose: diversifying investment portfolios and mitigating foreign exchange risks, making it a strategically important tool in both commodity and foreign exchange markets.

About

CEO
Employees
0
Address
Phone
+49 (0)69 / 91 03 05 49
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 20 hours 58 minutes

10:01
00:00
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).