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GLTR

$--
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1d
1w
1m

Analysis and statistics

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About

GLTR.US is the Invesco Physical Gold ETC, an exchange-traded commodity designed to offer investors a simple and cost-efficient way to access the gold market. It holds physical gold bullion in secure vaults and aims to reflect the performance of the gold price, less expenses. Investing in GLTR.US allows individuals to gain exposure to gold without the complexities of directly purchasing, storing, and insuring physical gold. The value of GLTR.US will fluctuate with the spot price of gold and is subject to market risks.
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Factors

Physical Gold Demand: Increased demand for physical gold from jewelers, investors, and central banks typically drives gold prices higher, positively impacting GLTR.

Interest Rates: Higher interest rates can reduce gold's attractiveness as an investment, potentially lowering gold prices and thus GLTR's value.

Inflation: Gold is often seen as an inflation hedge; rising inflation can boost gold prices and, subsequently, GLTR.

US Dollar Strength: A stronger US dollar usually correlates with lower gold prices, as gold is priced in dollars; a weaker dollar tends to support gold prices, affecting GLTR.

Geopolitical Risk: Political instability and economic uncertainty can increase demand for safe-haven assets like gold, pushing its price and GLTR higher.

ETF Supply and Demand: Creation and redemption of GLTR shares by authorized participants influence its market price relative to its net asset value (NAV).

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