The price of the underlying is only indicative. It is not the reference price as described in the respective prospectus.
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The yellow precious metal has been used for millennia as a store of value, a unit of exchange and in jewellery. It is the most malleable and ductile metal known, a good conductor of heat and electricity and is unaffected by air, heat, moisture and most solvents. Jewellery accounts for the lion's share of usage: Major uses Jewellery (>60%) Private Investment (ETFs and similar product) Official Holdings Other Fabrication (e.g. Electronics, Chemistry) Producers China USA Australia South Africa Russia Consumers India China Europe Ex CIS Middle East USA