Hang Seng Gold ETF(03170.HK) dips 1.14% in the afternoon, with turnover of about HK$7.59 million

NewTimeSpace News: As of 14:08 on May 11, Hang Seng Gold ETF(03170.HK) dropped 1.14% to HK$14.70. It recorded a turnover of approximately HK$7.5956 million and a trading volume of 513,800 lots, with an amplitude of 1.35%, a premium rate of 0.18%, and a net asset value per unit of HK$14.844.The ETF has an asset size of about HK$1.307 billion, with a total issued volume of 87.9828 million shares and a turnover rate of 0.58%. Each board lot consists of 50 shares.

Hang Seng Gold ETF(03170.HK) is a physically backed passive ETF that closely tracks the LBMA Morning Gold Price. Instead of holding corporate stock constituents, the ETF directly holds physical gold bars stored in vaults in Hong Kong.

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