iShares Gold EUR Hedged ETF (CH) A
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iShares Gold EUR Hedged (CH) invests directly in physical gold, aiming to mirror the performance of the gold spot price. To ensure that fluctuations in the US dollar do not impact returns for euro-based investors, the fund uses monthly currency forward contracts to hedge its USD exposure back to EUR. This approach provides focused exposure to gold as a single commodity, maintaining the value in euros by managing currency risks.
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goldphysical assetslondon bullion market association gold price pm