Finance

iShares Physical Metals issues new tranche of gold ETCs

MR
Maya Rodriguez
Financial Analyst
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iShares Physical Metals Expands Gold ETC Offerings

iShares Physical Metals has announced the issuance of a new tranche of gold ETCs (Exchange-Traded Commodities). This move is part of the company's efforts to meet the growing demand for gold investments.

The new tranche of gold ETCs will be available for trading on various exchanges, including the London Stock Exchange and the Deutsche Börse. This expansion is expected to provide investors with greater flexibility and access to gold investments.

iShares Physical Metals has a long history of providing gold ETCs to investors. The company's gold ETCs are designed to track the price of gold and provide investors with a convenient and cost-effective way to invest in the precious metal.

Benefits of Gold ETCs

Gold ETCs offer several benefits to investors, including:

  • Convenience: Gold ETCs can be traded on various exchanges, making it easy for investors to buy and sell gold.
  • Cost-effectiveness: Gold ETCs are often less expensive than buying physical gold.
  • Liquidity: Gold ETCs are highly liquid, making it easy for investors to sell their holdings quickly.

Conclusion

The issuance of a new tranche of gold ETCs by iShares Physical Metals is a significant development in the gold investment market. This move is expected to provide investors with greater flexibility and access to gold investments.

Sources

[1] iShares Physical Metals issues new tranche of gold ETCs