- Market Open Price-
- Previous Close-
- 52w Low/High-
This exchange-traded commodity (ETC) aims to track the daily spot price of gold and physically invests in the metal in the same proportion as the value of the ETC. The gold bars allocated in this ETC for investors are held in a separate account in JP Morgan Chase Bank’s vaults.
Many commodity funds choose to gain their exposure by buying derivatives, but we like the fact that this option buys gold directly. For investors who are worried about the general market, gold can act as a haven and this is a large popular option that investors like. Ongoing charges are 0.16%.