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IGLD

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

Analysis and statistics

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About

IGLD.XETRA refers to an Exchange Traded Fund (ETF) that tracks the performance of gold. It is listed on the XETRA exchange, which is a trading platform operated by Deutsche Börse. The ETF provides investors with a convenient and relatively cost-effective way to gain exposure to the price movements of gold without directly owning physical gold. Investors buy and sell shares of the ETF on the stock exchange, and the ETF's price generally reflects the spot price of gold, minus the fund's expenses.
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Factors

Gold Price: IGLD.XETRA tracks gold, so its price mirrors gold's fluctuations.

Currency Exchange Rates: As a Euro-denominated ETF, exchange rates impact its value for non-Euro investors.

Interest Rates: Higher interest rates can make gold less attractive, potentially lowering IGLD.XETRA's price.

Market Sentiment: Investor risk appetite affects gold demand; fear drives prices up, confidence drives prices down.

Supply and Demand: The balance of buyers and sellers of IGLD.XETRA directly influences its market price.

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