Gold and Silver ETF Securities Buy-Back Announcement

  • DB ETC plc announces buy-back of Xtrackers Physical Gold ETC and Xtrackers Physical Silver ETC securities
  • Series 02 – Xtrackers Physical Gold EUR Hedged ETC: 45,000 securities to be bought back
  • Series 04 – Xtrackers Physical Silver EUR Hedged ETC: 16,100 securities to be bought back
  • Total number of DB ETC plc ETC Securities in issue after buy-back: Series 02 – 8,268,385, Series 04 – 857,391

DB ETC plc has announced the buy-back of Xtrackers Physical Gold ETC (Series 02) and Xtrackers Physical Silver ETC (Series 04) securities. A total of 45,000 securities for the Gold ETC and 16,100 securities for the Silver ETC will be bought back. After the buy-back, the total number of DB ETC plc ETC Securities in issue will be 8,268,385 for Series 02 and 857,391 for Series 04.

Factuality Level: 10
Factuality Justification: The article is a company announcement with specific details about the buy-back of ETC securities and provides accurate information without any irrelevant or misleading content, sensationalism, redundancy, bias, or logical errors.
Noise Level: 9
Noise Justification: The article is mostly composed of technical financial information and does not provide any analysis or context for a general audience. It lacks relevance and explanatory text to make it accessible or informative for readers who are not directly involved in the specific financial product mentioned.
Public Companies: DB ETC plc (Not provided)
Key People:

Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses the buy-back of ETC (Exchange Traded Commodities) securities by DB ETC plc, which is related to financial products. However, it does not mention any specific impact on financial markets or companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event or crisis mentioned in the article.
Move Size: No market move size mentioned.
Sector: All
Direction: Neutral
Magnitude: Small
Affected Instruments: ETC Securities

Reported publicly: www.businesswire.com