Hang Seng Gold ETF(03170.HK) declines 3.41%, with a turnover of about HK$23.2212 million

NewTimeSpace News: As of 15:39 on June 8, Hang Seng Gold ETF(03170.HK) dropped 3.41% to HK$13.610. It recorded a turnover of approximately HK$23.2212 million and a trading volume of 1.7061 million lots, with an amplitude of 1.70%, a premium rate of 0.15%, and a net asset value per unit of HK$14.069. The ETF has an asset size of about HK$1.284 billion, with a total issued volume of 91.0891 million shares and a turnover rate of 1.87%. Each board lot consists of 50 shares.

Hang Seng Gold ETF(03170.HK) closely tracks the morning gold price set by the London Bullion Market Association (LBMA). Backed by physical gold reserves, the fund directly holds gold bars stored in Hong Kong vaults, offering investors a convenient instrument to capture gold price fluctuations without the need to own physical gold.

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