Amundi Physical Metals Plc Releases Final Terms for Gold ETC

Amundi Physical Metals Plc has announced the issuance of 196,000 units as Tranche 644 of its Amundi Physical Gold ETC. These securities form part of its Secured Precious Metal Linked ETC Securities Programme. The initial metal entitlement was set at 0.04 fine troy ounces, with a slight decrease to 0.03968904 ounces per unit upon subscription date.

Issued on January 15, 2025, these securities have been admitted for trading across leading stock exchanges, including Euronext Paris and the London Stock Exchange. The issuer, based in Ireland, is supported by authorized participants like HSBC Bank plc and BNP Paribas Arbitrage SNC. Trading the securities is conditional on a 0.12% annual expense ratio and a nominal amount valued at USD 5.085.

The intent is to provide an investment vehicle that aligns with gold prices. This addition to Amundi's offerings highlights its ongoing commitment to expanding exposure to precious metals.