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The gold holdings of the exchange-traded bearer bond Xetra-Gold (ISIN: DEA0S9GB0) increased to tonnes at the end of the year This is a plus of more than seven tonnes over the course of the year. At the beginning of , tonnes of gold were stored in the central vault for German securities in Frankfurt.

Number of Enterprises, Number of Employees Countries: In schwierigen Zeiten verlassen sich viele Investoren, die ihr Geld anlegen möchten, gerne auf den Wert des Goldes.

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Xetra-Gold is thus the leading physically backed gold security in Europe. Xetra-Gold holdings always increase when investors buy Xetra-Gold shares via the stock market. Exactly one gram of gold is deposited in the central safe for each share certificate. At the end of September, the rate of the precious metal turned around and the price of gold in euros has risen by more than ten percent since then. In addition, more and more asset managers, family offices and retail investors are showing interest in gold as a separate asset class," Orben continues.

Of all commodities traded on the Xetra exchange, Xetra-Gold is the security with the highest order book volumes. Xetra-Gold investors are entitled to delivery of the securitised physical gold. Since the introduction of Xetra-Gold in , investors have made use of it more than 1, times.

In September , the German Federal Fiscal Court announced that gains from the sale or redemption of Xetra-Gold after a minimum holding period of one year would not be subject to withholding tax. Thus, the purchase and redemption or selling of Xetra-Gold is to be assessed for tax purposes as a direct purchase and sale of physical gold — such as gold bars or gold coins. Are you interested in receiving regular information on Xetra-Gold? Then subscribe to our monthly, free-of-charge newsletter to learn more about our gold holdings, upcoming events and to read our gold market outlook.

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