About iShares Gold Trust Micro (IAUM)

The iShares Gold Trust Micro (IAUM) is an exchange-traded fund (ETF) that provides exposure to the price of gold. The fund is designed to track the performance of the spot price of gold bullion, less the expenses of the trust's operations. Investors can gain exposure to gold without physically owning the metal by investing in IAUM. The fund is managed by BlackRock, one of the largest asset management companies in the world.

IAUM offers investors a cost-effective way to invest in gold, as it seeks to replicate the performance of the price of gold by holding physical gold bars in a secure vault. The trust holds gold as its only asset, and the value of the shares is directly linked to the value of the gold held by the trust. IAUM shares can be bought and sold on major stock exchanges, providing investors with liquidity and ease of trading.