The gold holdings of the exchange-traded bearer bond Xetra-Gold (ISIN: DE000A0S9GB0) decreased to 198.7 tonnes at the end of the year 2023. This is a reduction of 31.5 tonnes over the course of the year.
At the beginning of 2023, the volume was at 230.2 tonnes of gold. On a five-year view, there is an increase of 9.1 tonnes.
Read More„The way our gold holdings have developed in 2023 is caused by a normal reaction of investors to the market environment. The turnaround in interest rates has created new, short-term yield opportunities. In addition, the gold price in euros was higher than ever before. In our view, however, gold remains an interesting long-term investment with a stable value and is an essential addition to any well-structured portfolio“, says Michael König, Managing Director of Deutsche Börse Commodities GmbH, the issuer of Xetra-Gold.