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Franklin Responsibly Sourced Gold ETF (FGDLX) price

Market closed. The market behind FGDLX reopens at , and FGDLX can still be swapped on Solana.

$54.1227
down0.91%

Franklin Responsibly Sourced Gold ETF price chart

XspurdrAqbRJMQfAUEfh88QxE3XbSWxQGu3GneJR6e3

What FGDLX tracks

FGDLX tracks the price of gold through Franklin Responsibly Sourced Gold ETF. Depending on the issuer, a gold token either follows shares in a gold fund that holds bullion or is issued directly against gold the issuer holds in a vault.

Gold pays no income, so the value of FGDLX comes from the gold price alone, less any fund or issuer costs.

About Franklin Responsibly Sourced Gold

Franklin Responsibly Sourced Gold (FGDLX) is issued by xStocks and trades on the Solana blockchain. Franklin Responsibly Sourced Gold is verified on Solana's token registry. The price, 24-hour volume and liquidity shown here update live from trading on Solana DEXes.

FGDLX contract address

XspurdrAqbRJMQfAUEfh88QxE3XbSWxQGu3GneJR6e3

Ticker

FGDLX

Issuer

xStocks

Status

Verified

How FGDLX works

FGDLX is issued by Backed Finance. Backed Finance issues xStocks through Backed Assets (JE) Limited, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.

What you hold is the token, not the underlying asset. FGDLX tracks the price of Franklin Responsibly Sourced Gold ETF, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Backed Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping FGDLX, and it does not issue, back, or custody the token.

The price of FGDLX on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.

The asset behind FGDLX doesn't pay distributions, so the value of FGDLX reflects price movement alone.

When can you trade FGDLX?

FGDLX can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of FGDLX comes from on-chain trading alone and can drift from the fund's last close.

Related markets

Other tokens tracking Franklin Responsibly Sourced Gold ETF

RankTokenized byTrading hoursBuy
1Franklin Responsibly Sourced Gold ETFFGDLON$51.620.14%OndoUS market hours

FAQ

FGDLX FAQ

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What is FGDLX?

FGDLX is a token on Solana that tracks the price of Franklin Responsibly Sourced Gold ETF. It's issued by Backed Finance, not by Solflare, and gives you price exposure to the underlying commodity without making you a holder of it. You can hold and swap FGDLX in a self-custody wallet such as Solflare.

Prices are volatile and can fall as well as rise. FGDLX is issued by Backed Finance and gives price exposure to Franklin Responsibly Sourced Gold ETF, not direct ownership of the commodity; redemption terms are set by the issuer. Funds holding futures or company shares can behave differently from the commodity itself. Liquidity can be thin, which widens spreads and can move the price on small swaps. Availability varies by jurisdiction. Solflare is a wallet interface and does not issue, back, or custody this token. Nothing here is financial advice.