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ZPRX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    58.6228$
  • Previous Close
    59.7922$
  • 52 Week Change
    --
  • Day Range
    -1.17$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

ZPRX.F represents the Xtrackers IE Physical Gold EUR Hedged ETC Securities, an exchange-traded commodity (ETC) designed to track the performance of the gold spot price while hedging against fluctuations between the Euro and US Dollar exchange rate. It provides investors with exposure to gold, denominated in EUR, aiming to minimize the impact of USD/EUR exchange rate movements on returns. As an ETC, it is backed by physical gold bullion held in custody.
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Factors

Gold Price: ZPRX.F primarily tracks physical gold. Therefore, fluctuations in gold's spot price directly influence the ETF's value.

Currency Fluctuations: ZPRX.F is traded on the Frankfurt Stock Exchange. Currency exchange rates EUR/USD will impact the price. A stronger EUR vs USD can reduce its price.

ETF Supply/Demand: Increased demand for ZPRX.F can drive up its price, while higher supply can lower it. Market sentiment will affect the price.

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