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4GLD

$--
--%
1d
1w
1m

Analysis and statistics

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About

4GLD.XETRA represents the Xtrackers IE Physical Gold EUR Hedged ETC, an exchange-traded commodity (ETC). It is designed to provide investors with a return equivalent to the spot price of gold, hedged against fluctuations between the Euro and the US dollar. This ETC is physically backed by gold bullion held in custody.
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Factors

Gold Price: The primary driver, as 4GLD.XETRA tracks physical gold.

Currency Exchange Rate: EUR/USD fluctuations impact the price since gold is usually priced in USD.

Supply and Demand: ETF demand influences the price; higher demand, higher price, and vice versa.

Storage Costs: Costs associated with storing the gold backing the ETF affect expenses and therefore the price.

Management Fees: The ETF's expense ratio reduces returns and affects its trading price.

Interest Rates: Higher rates can decrease gold's attractiveness, lowering the ETF price.

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