![How much gold in one IAU share?](/analysis-quote/_next/image?url=https%3A%2F%2Fstrapi.etfinsider.co%2Fuploads%2FETF_Insider_correlation_tool_visibility_5a0920ad5f.jpg&w=750&q=75)
How much gold in one IAU share?
IAU is an exchange-traded fund (ETF) that tracks the price of gold. As an ETF, the number of shares you own does not determine the amount of gold you possess. Instead, the value of one IAU share represents a fraction of an ounce of gold. This allows investors to gain exposure to the price of gold without physically owning or storing the metal.