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1PAS

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1d
1w
1m

Analysis and statistics

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About

1PAS.LSE represents the iShares Physical Gold ETC, traded on the London Stock Exchange (LSE). This Exchange Traded Commodity (ETC) offers investors exposure to the price of gold by holding physical gold bullion. The fund aims to track the performance of the gold spot price, less fees and expenses. Because it is physically backed, each share of 1PAS.LSE represents a specific claim on a quantity of gold held in custody. Investors use this ETC to diversify their portfolios, hedge against inflation, or speculate on gold price movements. It is important to note that, as with any investment, 1PAS.LSE carries risks including, but not limited to, market risk, counterparty risk, and currency risk.
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Factors

Asset Value: 1PAS.LSE's price mirrors the underlying gold's value. A rising gold price lifts the ETF, while a falling gold price lowers it.

Supply & Demand: High demand pushes the price up, while high supply pushes the price down. This is true for most investments.

Expense Ratio: The management fee impacts returns, indirectly affecting the ETF's attractiveness and thus its price.

Market Sentiment: General investor confidence in gold as a safe haven asset affects demand.

Currency Fluctuations: Changes in the GBP/USD exchange rate impacts returns for investors holding the ETF in GBP.

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