Franklin Templeton launches responsible gold ETF

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Franklin Templeton launches responsible gold ETF kitconews gold silver economics mining investing finance metals

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The LBMA's Responsible Gold Guidance establishes minimum mandatory requirements along the entire gold supply chain of the refined precious metal. Gold and silver on the Good Delivery List have been mined through verified supply chains that meet internationally recognized ethical standards. Todd Mathias, Head of U.S. ETF Product Strategy, added that Franklin Templeton is excited to bring an ESG-focused ETF into this asset class.

FGLD joins Franklin's ETF platform, which has over $12 billion in assets under management as of May 31, 2022.

 

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