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ANXG

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1d
1w
1m

Analysis and statistics

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About

ANXG.LSE refers to the HANetf Gratomic Inc. Anode Battery Metals Discovery UCITS ETF. This ETF seeks to replicate the performance of the Solactive Gratomic Anode Battery Metals Discovery Index NTR, which tracks companies involved in the exploration, mining, production, and refining of anode battery metals, including graphite, lithium, nickel, and manganese. The ETF is listed on the London Stock Exchange (LSE).
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Factors

Supply and Demand: Higher demand pushes the price up, while increased supply causes it to drop. Trading volumes reflect investor interest.

Gold Prices: ANXG tracks gold; rising gold prices usually increase the ETF's value and vice versa.

Exchange Rates: As ANXG is priced in GBP, fluctuations in GBP versus USD (the currency gold is usually traded in) can affect the price.

Interest Rates: Higher interest rates may reduce the appeal of gold as an investment, potentially lowering the ETF price.

Market Sentiment: Overall investor risk appetite can impact gold's safe-haven status and, consequently, ANXG's price.

Management Fees & Expenses: The fund's operational costs are deducted from its assets, indirectly influencing returns and price.

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