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XDGM

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

Analysis and statistics

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  • Dividend Per Share
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About

XDGM.XETRA represents shares of Deutsche Goldmesse AG, a German company listed on the XETRA trading platform. Deutsche Goldmesse AG is primarily involved in the trading and recycling of precious metals, particularly gold. Its business activities encompass the purchase, processing, and sale of gold, silver, platinum, and palladium, focusing on both physical trading and the recycling of precious metals from various sources.
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Factors

Underlying Gold Price: XDGM.XETRA's price directly reflects gold's market value.

Currency Exchange Rates: As it's EUR-denominated, fluctuations between EUR and USD, the primary gold trading currency, impact its price.

Supply and Demand: Increased ETF demand pushes the price higher, while increased selling pressure lowers it.

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

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