Xetra-Gold (4GLD.DE)

ETF profile

Xetra-Gold (4GLD.DE)

Country: GermanySector: Financial ServicesIndustry: Asset ManagementExchange: XETRA

Company overview

Xetra-Gold is an exchange-traded security, structured as a bearer note or bond, that allows investors to participate in the performance of the gold price. Each unit of Xetra-Gold grants the investor the right to demand delivery of one gram of physical gold from the issuer. The product is 100% backed by physical gold, which is stored in secure vaults, primarily in Germany. Xetra-Gold is traded in euros per gram on Deutsche Börse AG's fully electronic Xetra trading platform, offering a liquid and transparent investment in gold. Its primary service is providing a cost-efficient means for both institutional and retail investors to gain exposure to the gold market within regulated securities portfolios, without the complexities of directly owning and storing physical gold. The company's industry focus is within financial services, specifically in the precious metals sector, operating as an exchange-traded commodity.

WebsiteN/A
SectorFinancial Services
IndustryAsset Management
CountryGermany
Trades inEUR
Current price
122.87-1.36%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Xetra-Gold (4GLD.DE)

4GLD.DE · XETRA · Financial Services
122.87-1.36%
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No price history available.

About

Xetra-Gold is an exchange-traded security, structured as a bearer note or bond, that allows investors to participate in the performance of the gold price. Each unit of Xetra-Gold grants the investor the right to demand delivery of one gram of physical gold from the issuer. The product is 100% backed by physical gold, which is stored in secure vaults, primarily in Germany. Xetra-Gold is traded in euros per gram on Deutsche Börse AG's fully electronic Xetra trading platform, offering a liquid and transparent investment in gold. Its primary service is providing a cost-efficient means for both institutional and retail investors to gain exposure to the gold market within regulated securities portfolios, without the complexities of directly owning and storing physical gold. The company's industry focus is within financial services, specifically in the precious metals sector, operating as an exchange-traded commodity.

SectorFinancial Services
IndustryAsset Management
CountryGermany
Trades inEUR

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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