![Is IAU backed by physical gold?](/analysis-quote/_next/image?url=https%3A%2F%2Fstrapi.etfinsider.co%2Fuploads%2FETF_Insider_portfolio_overlap_tools_1_5c31a0bbec.jpg&w=750&q=75)
Is IAU backed by physical gold?
The International Astronomical Union (IAU) is an international organization composed of professional astronomers. It is not directly backed by physical gold or any other tangible asset. The IAU's funding primarily comes from membership fees, donations, grants, and sponsorships related to its activities in the field of astronomy.