Physical Gold (GOLD) – Global X ETFs Australia


Physical Gold

Reasons to Consider GOLD

Targeted Exposure

GOLD is backed by physical gold. Each physical bar is segregated, individually identified and allocated.

Appeal of Gold

Historically, investors have turned to gold as a potential store of value – particularly during periods of volatility.

Simplified Access

In a single trade, GOLD delivers low-cost access to physical gold via the stock exchange and avoids the need for investors to personally store the bullion.

Product Information As of 8 Dec 2023

Inception Date 28 Mar 2003
Management Costs (% p.a.) 0.40
Currency Hedged No
Domicile Australia
Legal Form Redeemable preference share with an entitlement to metal
SMSF Eligible Yes
Vault Location London, UK

Metal Entitlement As of 8 Dec 2023

Metal Entitlement File View

NAV Information As of 8 Dec 2023

NAV/Unit (A$) 28.17663540
iNAV 28.1710
iNAV as of 04:29 PM
Currency (NAV) AUD
Shares Outstanding 97,047,150
AUM (A$) 2,734,462,167.00

Product Summary

Global X Physical Gold (GOLD) offers a low-cost and secure way to access physical gold via the stock exchange and avoids the need for investors to personally store their own bullion.

Product Objective

Global X Physical Gold (GOLD) seeks to provide investment results that correspond generally to the price performance, before fees and expenses, of the Gold Price PM in Australian dollars.

Trading Details

Ticker GOLD
Bloomberg Code GOLD AU Equity
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Metal Securities Australia Limited
Custodian JPMorgan Chase Bank, N.A.
Registrar Computershare Investor Services Pty Limited
Trustee Gold Bullion Nominees


Distribution Frequency None

Performance Table As of 8 Dec 2023

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month -0.21% -0.17% -0.03% --
3 Months 1.00% 1.10% -0.10% 0.01%
1 Year 14.73% 15.19% -0.46% 0.25%
3 Year p.a. 6.13% 6.56% -0.43% 0.15%
5 Year p.a. 11.63% 12.08% -0.45% 0.11%
10 Year p.a. 8.01% 8.44% -0.43% 0.14%
Since Inception p.a. 8.20% 8.62% -0.41% 0.10%



  • Where is the metal stored?

    The physical gold bullion for GOLD is held in the vault(s) of JPMorgan Chase Bank, N.A. in London. The vault is audited twice a year by the auditor Inspectorate. All audit reports are made available in the resources section below. Each gold bar in the vault is itemised in a bar-list which is also available in the resources section below.
  • How is the management fee paid?

    Each unit in GOLD comes with an entitlement to an amount of physical bullion. This amount was 0.093512543 fine troy ounces as at 1 January 2021. The entitlement is reduced daily by a management fee of 0.40% per annum.
  • How do I redeem units for the physical metal?

    To redeem for physical gold, an investor needs to:

    1. Complete and send a redemption form
    2. Open an unallocated bullion account with an authorised bullion dealer and
    3. Pay a redemption fee of $1,000 for each redemption.

    Depending on the quantity of the order, investors may find that selling units in the secondary market is a more cost-efficient option, especially for small quantities.
  • How can I use GOLD in a portfolio?

    Gold has a low to negative level of correlation with other asset classes, such as equities and fixed income, and can therefore be used to enhance a portfolio’s overall risk/return characteristics through the benefits of diversification.

    Gold has historically performed well during periods of high equity market volatility due to its safe-haven status and can therefore be used as an event risk hedge.

    For centuries gold has been used as a store of value and is independent of the value of any fiat currency. As such, gold is commonly cited as a hedge against inflation.

    Gold can be used as a strategic investment based on its own fundamentals, which relate to its unique supply and demand characteristics. Supply relates to both mine production and available above-ground stock. Demand primarily comes from:

    1. Consumers; in the form of jewellery, bars and coins
    2. Industrial users; such as electronics component manufacturers
    3. Investors; including direct holders and ETF investors, and
    4. Central banks; who maintain large gold reserves

Investments may go up or down in value and you may lose some or all of the amount invested. Past performance is not necessarily a guide to future performance. Any advice provided by Global X Management (AUS) Limited (“Global X”) is general advice and does not take into account your personal objectives, financial situation or needs. You should consult an independent investment adviser prior to making an investment in order to determine its suitability to your circumstances. This material may contain links to third party websites. Global X does not control and is not responsible for the information contained within third party websites. None of these links imply Global X’s support, endorsement or recommendation of any other company, product or service.

Global X Management (AUS) Limited ACN 150 433 828 AFSL No 466778

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