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XMLD

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

Analysis and statistics

  • Open
    21.0279$
  • Previous Close
    21.0436$
  • 52 Week Change
    --
  • Day Range
    -0.02$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XMLD.F represents the Xtrackers Physical Gold Euro Hedged ETC Securities, an exchange-traded commodity (ETC) designed to track the spot price of gold while hedging against fluctuations between the Euro and US dollar. This financial product offers investors exposure to gold, potentially as a hedge against inflation or currency devaluation, while aiming to minimize the impact of exchange rate movements between the Euro and the US dollar on returns. It is listed and traded on the Frankfurt Stock Exchange.
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Factors

XMLD.F ETF Price Factors: Underlying Index Performance: XMLD.F's price heavily depends on the performance of its benchmark index, reflecting gains or losses in the index's constituent assets.

Supply and Demand: Higher demand for XMLD.F shares relative to supply pushes the price up, while increased selling pressure lowers it.

Interest Rates: Rising interest rates can negatively impact bond ETFs like XMLD.F, as bond yields increase, making existing bonds less attractive.

Credit Risk: Credit rating downgrades or increased default risks of the underlying bonds in XMLD.F can decrease its value.

Inflation: Unexpected increases in inflation can erode the real value of fixed-income investments in XMLD.F, leading to price declines.

Fund Management Fees: The expense ratio charged by the ETF manager can indirectly affect the net return and attractiveness of XMLD.F.

Market Sentiment: Overall investor confidence or pessimism in the bond market can influence the demand for and price of XMLD.F.

Liquidity: High trading volume and ease of buying/selling XMLD.F shares contribute to price stability and efficiency.

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