Two National Guard members shot near White House
LONDON - iShares Physical Metals Plc announced Wednesday the issuance of 440,000 Securities of iShares Physical Gold ETC, representing Tranche Number 2382 of the series. The securities were issued under the company’s Secured Precious Metal Linked Securities Programme.
According to the final terms dated November 27, 2025, the issue price per security is $80.107324, with a metal entitlement of 0.019413133 fine troy ounces of gold per security.
Following this issuance, the total number of securities in the iShares Physical Gold ETC series will increase from 394,879,777 to 395,319,777. The securities are denominated in U.S. dollars.
The company stated that application has been made for the securities to be admitted to the official list of the United Kingdom Financial Conduct Authority and for trading on the regulated market of the London Stock Exchange. Applications have also been made for listing on the Deutsche Börse and the Frankfurt Stock Exchange.
The securities are linked to physical gold held in allocated form by the custodian, JPMorgan Chase Bank, N.A., London Branch. The total expense ratio for these securities is 0.12% per annum.
The iShares Physical Gold ETC securities are undated with no final maturity date. They represent secured, limited recourse obligations of the issuer, based on a press release statement from the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.