Amundi Expands Gold-Backed Investment Options with New ETC Issuance

Amundi Physical Metals plc (GLDA) has announced the issuance of 559,000 new ETC Securities, identified as Tranche 664, under its Secured Precious Metal Linked ETC Securities Programme. This latest issuance increases the total number of ETC Securities in the series to 54,232,959, reinforcing Amundi’s commitment to expanding its gold-backed investment solutions.

Expanding Access to Gold Investment

The Amundi Physical Gold ETC is designed to provide investors with direct exposure to gold without the complexities of physical storage. Each ETC Security is linked to a specific quantity of gold, offering a cost-effective and liquid alternative to traditional gold ownership.

The newly issued securities are part of Amundi’s broader strategy to meet the growing demand for gold investment products, particularly during periods of economic uncertainty when gold is viewed as a safe-haven asset.

Global Exchange Listings & Maturity Details

These ETC Securities have been admitted to trading on multiple leading European exchanges, including:

• Euronext (EPA:ENX) Paris & Amsterdam
• Deutsche Börse
• Borsa Italiana
• London Stock Exchange (LON:LSEG)
• International Quotation System of the Mexican Stock Exchange

The scheduled maturity date for these securities is May 23, 2118, making them a long-term investment option for those looking to gain exposure to gold.

Key Considerations for Investors

While Amundi’s Physical Gold ETC offers a convenient way to invest in gold, it’s important for investors to note that:

• The value of ETC Securities fluctuates based on gold price movements.
• These securities provide exposure to gold but do not grant ownership rights over the physical gold held by the custodian.

Amundi’s Commitment to Gold-Backed Investment Solutions

By issuing new tranches of ETC Securities, Amundi continues to enhance access to gold investments through regulated financial markets. This move aligns with the growing interest in precious metals as a hedge against inflation and economic volatility.

For further details, refer to the official statement from Amundi.