VZLD

About VZLD

WisdomTree Physical Gold is an exchange-traded commodity (ETC) designed to provide straightforward and cost-efficient access to the gold market. This financial product aims to mirror the performance of the spot price of gold in US Dollars, minus a low annual management fee, making it a transparent vehicle for gold exposure. Each share of WisdomTree Physical Gold is backed by physical allocated gold, which is securely held by a custodian bank, with every gold bar meeting the London Bullion Market Association’s Good Delivery standards and being individually identified and segregated. The ETC operates on a physically backed, long-only basis and does not employ leverage, swaps, or securities lending. It features an accumulating distribution policy, reinvesting returns rather than distributing them. With substantial assets under management and inception dating back to 2007, WisdomTree Physical Gold serves as an accessible and robust tool for those seeking to track the price movements of gold as a core commodity within the global financial markets, commonly used for diversification and as a hedge against inflation or currency volatility.