Introduction of New Gold ETCs
Boerse Stuttgart Commodities recently launched two new Exchange-Traded Commodities (ETCs) backed by physical gold, expanding the EUWAX gold product family. These new products are 100 percent backed by physical gold, making them particularly attractive to private investors and savers.
Background and Significance
The physically backed gold ETCs offer investors the opportunity to invest in gold without having to physically own it. Since these ETCs are backed by physical gold, there exists a corresponding gold reserve for each share issued. This represents a secure and transparent way to participate in the gold market.
The EUWAX platform of Boerse Stuttgart specializes in trading structured products. The current expansions with gold ETCs demonstrate the commitment to providing investors with a wide range of investment opportunities.
Advantages for Investors
- Security through Physical Backing: The 100 percent physical backing of the ETCs provides high security as the value is directly linked to the gold price.
- Flexibility and Accessibility: The ability to trade ETCs on exchanges allows for easy access to gold investments without the need for physical storage.
- Diversification: As a safe asset, gold can be used to diversify portfolios to minimize risk.
Market Conditions
The gold price is currently showing a positive trend with an increase of approximately 23.4 percent compared to the previous year. This growth could further stimulate interest in gold ETCs as investors seek safe investment forms.
Conclusion
The introduction of new physically backed gold ETCs by Boerse Stuttgart Commodities provides an attractive opportunity for gold investment. In particular, private investors who value security and transparency will be addressed. The expansion of the EUWAX gold product family demonstrates Boerse Stuttgart’s ongoing commitment to offering investors extensive investment opportunities in the gold market.