FR0013416716Ticker: GOLDIssuer: AmundiOne email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
AMUNDI PHYSICAL GOLD ETC (C) tracks the issuer-declared underlying: LMBA Gold Price PM USD. The declared annual cost (TER) is 0.12%, plus 0.00% in transaction costs estimated by the issuer in the KID. Replication is direct physical replication; income is accumulated and reinvested in the fund. The fund has assets of about 11.4 billion euro, was launched on 21 May 2019 and is domiciled in Ireland.
The ETC securities provide exposure to physical gold and are valued based on the London Bullion Market Association (LBMA) gold price. The Issuer holds physical gold. Each ETC security has a metal entitlement (“Metal Entitlement”), which is the amount of physical gold backing the ETC security. The Metal Entitlement is reduced on a daily basis to reflect the total expense ratio. Such total expense ratio and the daily Metal Entitlement can be found on www.amundietf.com. The ETC securities are not capital protected and you may lose some or all of your investment. You may choose to sell your ETC securities prior to the maturity date in accordance with your investment objectives. You should be aware that the ETC securities entitle you to receive a payment calculated by reference to the value of gold. The gold price fluctuates daily and the value of gold is driven by various factors including its rarity, use in industrial processes and its use as an investment commodity. Pricing of precious metals can be impacted by fundamental issues of supply and demand, political and economic situations (especially in precious metal producing countries) and natural disasters. These factors may all affect the value of your investment. The ETC's base currency is US dollars. The ETC securities can be listed and traded in currencies other than US dollars on one or more stock exchanges. The performance of the ETC securities may be affected by this currency difference.
Keep reading the KID section ▾
Intended retail investors:The ETC securities are intended for retail investors who (1) can bear loss of capital and who are not looking for capital guarantee and (2) seek a product offering an exposure to the performance of gold and are willing to hold a medium to long-term investment. Term: This series of ETC securities has a 99Year term with a scheduled maturity date of 23 May 2118. In certain circumstances the Issuer, subject to prior written notice, has the right to terminate the product in a limited number of circumstances, as set out in the Prospectus. The ETC may also be terminated if certain service providers appointed by the Issuer resign or their appointment is terminated and no successor has been appointed within 120 days.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 29 Jan 2026 | 16 Jul 2026 | -26.15% | ongoing | 216 |
| 06 Aug 2020 | 03 Nov 2022 | -21.45% | 28 Dec 2023 | 1,239 |
| 06 Mar 2020 | 19 Mar 2020 | -12.44% | 14 Apr 2020 | 39 |
| 20 Oct 2025 | 28 Oct 2025 | -8.06% | 12 Dec 2025 | 53 |
| 30 Oct 2024 | 14 Nov 2024 | -7.58% | 30 Jan 2025 | 92 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 15.6 | 4.8 | -11.8 | 0.1 | -1.4 | -11.4 | 0.0 | 14.3 | -4.8 | 1.6 | |||
| 2025 | 7.7 | 0.8 | 9.9 | 6.0 | -0.8 | 0.3 | 0.3 | 3.9 | 11.5 | 4.9 | 4.5 | 2.8 | 64.8 |
| 2024 | -0.5 | -0.3 | 8.1 | 4.2 | 1.8 | -0.7 | 4.1 | 3.6 | 4.6 | 4.0 | -3.0 | -1.5 | 26.4 |
| 2023 | 6.1 | -5.2 | 8.5 | 0.1 | -0.9 | -2.7 | 3.0 | -1.4 | -3.7 | 6.7 | 1.9 | 1.3 | 13.7 |
| 2022 | -1.4 | 6.4 | 1.7 | -1.6 | -3.8 | -1.2 | -3.5 | -2.1 | -2.6 | -2.0 | 7.0 | 3.3 | -0.5 |
| 2021 | -1.5 | -6.5 | -3.0 | 4.5 | 7.5 | -7.2 | 3.5 | -0.6 | -4.0 | 1.5 | 2.0 | 0.9 | -3.9 |
| 2020 | 4.0 | 1.6 | -0.1 | 5.8 | 1.5 | 2.3 | 11.1 | -0.4 | -3.6 | -0.3 | -6.4 | 7.3 | 24.0 |
| 2019 | 8.7 | 1.3 | 7.0 | -2.8 | 1.7 | -3.4 | 4.3 | 19.7 |
| Year | Fund | Underlying | Difference |
|---|---|---|---|
| 2025 | +64.80% | +67.41% | -2.60% |
| 2024 | +26.44% | +25.53% | +0.91% |
| 2023 | +13.66% | +14.68% | -1.02% |
| 2022 | -0.54% | -0.43% | -0.12% |
| 2021 | -3.89% | -3.75% | -0.14% |
| 2020 | +23.98% | +24.17% | -0.19% |
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 24.79% | 19.11% | 17.57% | 17.25% |
| Max drawdown | -23.37% | -23.37% | -23.37% | -23.37% |
| Sharpe | 0.98 | 1.23 | 0.98 | 0.94 |
| Sortino | 1.34 | 1.74 | 1.40 | 1.35 |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
FR0013416716Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Trading since |
|---|---|---|
| Borsa Italiana (ETFplus) | GOLD | 16 Mar 2023 |
| Börse Düsseldorf | GLDA | 25 Jul 2019 |
| Börse Frankfurt | GLDA | 9 Jul 2019 |
| Börse Hamburg | GLDA | 11 Nov 2019 |
| Börse Hannover | GLDA | 9 Dec 2024 |
| Börse München / gettex | GLDA | 27 Aug 2019 |
| Börse Stuttgart | GLDA | 20 Mar 2020 |
| Euronext Paris | GOLD | 28 May 2019 |
| Tradegate Exchange | GLDA | 22 Oct 2019 |
| Xetra (Deutsche Börse) | GLDA | 9 Jul 2019 |