You want to track commodities like gold, silver or oil?
Then read on!
Through our connection to the L&S Exchange in Germany, we have access to prices of Gold, Silver and Brent Oil with corresponding real-time data.
To create a corresponding item, you can proceed as follows:
Go to the desired portfolio or create a new one.
Now go to the button "New transaction".
In the upper menu select "Security".
Select this and now you will see the transaction menu
Enter the ISIN of the commodity
Now select the date of purchase.
Next you enter the purchase price per share*.
Now just click on Add transaction and you are done.
For commodities, the calculation of the number of units is always based on the stock exchange quantity.
Thus, a share of gold or silver is in this case the amount of one ounce of gold or silver.
One ounce is 31.1034768 grams.
If you own 50g of gold or silver, this is rounded to 1.607537 shares.
A share of oil corresponds to the amount of one barrel of crude oil.
One barrel of crude oil is 158.99 liters.
For the correct entry of the positions you need the ISIN of the raw materials.
Oil Brent: LS000IOIL003