The gold holdings of the exchange-traded Xetra-Gold bearer bond (ISIN: DE000A0S9GB0) rose to a new record of 242 tonnes as of 30 June. At the turn of the year, the volume was still at 237 tonnes of gold, which corresponds to an increase of 5 tonnes since the beginning of the year. Xetra-Gold is thus the leading physically deposited gold security in Europe.
Gold holdings increase whenever investors buy Xetra-Gold shares via the stock exchange. Each share certificate equals exactly one gram of gold. Xetra-Gold's assets under management also reached a new high of €13.5 billion.
"The first half of
Gold holdings increase whenever investors buy Xetra-Gold shares via the stock exchange. Each share certificate equals exactly one gram of gold. Xetra-Gold's assets under management also reached a new high of €13.5 billion.
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