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X1GD

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

Analysis and statistics

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  • 52 Week Change
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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About

X1GD.XETRA represents the Xtrackers Global Government Bond UCITS ETF 1D, an exchange-traded fund that aims to track the performance of a broad basket of investment grade government bonds from around the world. The ETF is listed on the XETRA exchange, hence the ".XETRA" suffix in the symbol, and it seeks to provide investors with exposure to the global sovereign debt market.
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Factors

Underlying Gold Price: X1GD.XETRA tracks gold, so its price heavily relies on gold's spot price.

Euro/USD Exchange Rate: As X1GD trades in Euros, currency fluctuations impact its value for USD-based investors.

Market Sentiment: Overall investor risk appetite and sentiment towards gold investments affect demand and price.

Interest Rates: Changes in interest rates can influence gold's attractiveness as an alternative investment.

Supply & Demand: Physical gold's supply and demand dynamics can indirectly affect the ETF's pricing.

Geopolitical Events: Global political and economic instability often drives investors to gold as a safe haven.

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