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GB00B4TFCB82

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Analysis and statistics

  • Open
    5.1098$
  • Previous Close
    5.1098$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GB00B4TFCB82 represents the iShares Physical Gold ETC, an exchange-traded commodity (ETC) designed to track the performance of the spot price of gold. This financial product provides investors with a simple and cost-efficient way to gain exposure to gold without physically owning the underlying commodity. The ETC is backed by physical gold bullion held in secure vaults, providing a direct link to the gold market.
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Factors

Fund Performance: Past performance and relative performance compared to its benchmark and peers influence investor demand and thus its price.

Market Conditions: Overall market sentiment (bullish/bearish), economic indicators (inflation, interest rates), and geopolitical events affect investor confidence and fund flows.

Fund Management: The fund manager's expertise, investment strategy, and ability to generate returns significantly impact the fund's attractiveness and price.

Expense Ratio: A high expense ratio can deter investors, impacting demand and the fund's overall return, potentially affecting its price.

Fund Flows: Inflows (more money coming in) tend to push prices up, while outflows (more money leaving) can put downward pressure on prices.

Underlying Assets: The performance of the assets held within the fund (e.g., stocks, bonds) directly influences the fund's net asset value (NAV) and subsequently, its price.

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