Half-year report: Xetra-Gold achieves all-time high in gold holdings with 221.7 tons
(WorldNews Denmark)

The gold holdings of the exchange-traded Xetra-Gold bearer bond (ISIN: DE000A0S9GB0) rose to a new record of 221.7 tons as of 30 June. This is an increase of 18.5 tons over the course of the year. At the beginning of the year, 203.2 tons of gold were stored in the central vault for German securities. This makes Xetra-Gold the leading physically deposited gold security in Europe. Gold holdings increase whenever investors buy Xetra-Gold shares via the stock exchange. Exactly one gram of gold is deposited in the central vault for each unit certificate. After the recent strong increase in the gold price, the assets managed by Xetra-Gold currently amount to €11.3 billion, which is also a new...