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DGCE

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1d
1w
1m

Analysis and statistics

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About

DGCE.AU represents the BetaShares Global Royalties ETF. This ETF provides investors with exposure to a portfolio of global companies that generate revenue primarily from royalties, which are payments made for the use of intellectual property or natural resources. The fund tracks an index comprised of these royalty-focused companies, offering a diversified way to participate in the potential growth and income streams derived from royalties around the world. As an Australian-listed ETF, DGCE.AU is traded on the Australian Securities Exchange (ASX).
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Factors

Gold Price: DGCE.AU tracks gold, so global gold prices heavily influence its value. Increased demand or decreased supply of gold generally pushes DGCE.AU's price higher.

Australian Dollar: As DGCE.AU is AUD-denominated, AUD's strength versus USD can affect its price. A stronger AUD makes gold cheaper for Australian investors, potentially reducing demand.

Interest Rates: Higher interest rates can make bonds more attractive, diminishing appeal for gold (a non-yielding asset), thus impacting DGCE.AU negatively.

Inflation: Gold is seen as an inflation hedge. Rising inflation can increase demand for gold, boosting DGCE.AU's price.

Market Sentiment: General risk appetite affects gold. Uncertainty increases demand, raising DGCE.AU. Calm markets may lower it.

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