Understand how climate change and climate-related risks are likely to impact gold and gold investors. When analysed on a ‘per US$ value’ basis, gold has amongst the lowest emissions intensity of all metals and mined products.
Refers to a mutual fund or Exchange Traded Fund (ETF) that invests primarily in various gold manufacturing companies or gold bullion. The share price within a gold fund would closely match the spot price of gold itself. Please note that the major assumption here is that the mutual fund holds majority of its assets in gold or in stocks/bonds of gold miners/ manufacturers.