Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Börse AG    DB1   DE0005810055


News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

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

share with twitter share with LinkedIn share with facebook
07/02/2020 | 07:29am EDT

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 all-time high.

'In the first half of the year, gold performed quite similarly to the stock markets. In March, the price of gold fell from around 50 euros per gram to 42 euros, in May we saw new highs at 52 euros', said Steffen Orben, Managing Director of Deutsche Börse Commodities GmbH, the issuer of Xetra-Gold. 'The main reason for this is the high level of uncertainty in the markets, which we believe will remain for the time being. We therefore expect continued lively interest in gold. In addition, more and more asset managers, family offices and private investors are showing interest in gold as a separate asset class. The proportion of private and institutional investors is roughly balanced,' Orben continues.

Xetra-Gold investors are entitled to delivery of the securitised physical gold. Since the introduction of Xetra-Gold in 2007, investors have made use of it 1,220 times. To date, 5.9 tons of gold have been delivered.

In September 2015, 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.

Xetra-Gold is issued by Deutsche Börse Commodities GmbH, a joint venture of Deutsche Börse AG and Commerzbank AG, Deutsche Bank AG, DZ Bank AG Deutsche Zentral-Genossenschaftsbank, B. Metzler seel. Sohn & Co. KGaA and Vontobel Beteiligungen AG. Umicore AG & Co. KG, a group subsidiary of Umicore S.A., is also involved.

Further information can be found at www.xetra-gold.com.

Contact for media:
Patrick Kalbhenn
Phone: +49-(0) 69-2 11-1 47 30

About Xetra-Gold

Xetra-Gold® (ISIN: DE000A0S9GB0) is a bearer bond issued by Deutsche Börse Commodities GmbH, 100 percent backed by gold, which securitizes a delivery claim to physical gold. Each individual Xetra-Gold note grants the investor the right to require the issuer to deliver one gram of gold. For Xetra-Gold notes, the Issuer maintains a corresponding amount of gold in physical form and, to a limited extent, in the form of book gold claims. In the form of a security, Xetra-Gold is fungible and as easily transferable as a share. In addition to Germany, Xetra-Gold is authorized for public distribution in Denmark, Finland, Luxembourg, the Netherlands, Norway, Austria, Sweden and the United Kingdom. The complete and legally binding information on the Xetra-Gold bearer bonds can be found in the key information document and the prospectus together with any supplements and the terms and conditions of issue. Investors can obtain these documents free of charge from Deutsche Börse Commodities GmbH, Mergenthalerallee 61, 65760 Eschborn, Germany, or download them from www.xetra-gold.com/downloads.

About Deutsche Börse Commodities GmbH

The Xetra-Gold Issuer Deutsche Börse Commodities GmbH with its registered office in Eschborn is a joint venture of B. Metzler seel. Sohn & Co. KGaA, Commerzbank Aktiengesellschaft, Deutsche Bank AG, Deutsche Börse AG, DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Umicore AG & Co. KG and Vontobel Beteiligungen AG. Umicore AG & Co. KG is a subsidiary of Umicore S.A., which operates several gold refineries worldwide and produces gold bars. The issuer's sole business purpose is to provide the market with the 100 percent gold backed Xetra-Gold bond and to enable efficient, transparent and cost-effective trading of this physical form of gold securitisation.


Deutsche Börse AG published this content on 02 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 July 2020 11:28:02 UTC

share with twitter share with LinkedIn share with facebook
Latest news on DEUTSCHE BÖRSE AG
08/04Euronext says case to redress gender imbalance by cutting trading day not str..
08/04DEUTSCHE BÖRSE AG : Credit Suisse reiterates its Neutral rating
08/03DEUTSCHE BÖRSE AG : Gets a Buy rating from UBS
08/03DEUTSCHE BÖRSE AG : From a Buy to Neutral rating by Independant Research
07/31London Stock Exchange in no rush to shorten trading day
07/31London Stock Exchange may sell Milan bourse to secure Refinitiv deal
07/31London Stock Exchange may sell Milan bourse to secure Refinitiv deal
07/31London Stock Exchange may sell Milan bourse to secure Refinitiv deal
07/30DEUTSCHE BÖRSE AG : DZ Bank reaffirms its Neutral rating
07/30DEUTSCHE BÖRSE AG : Deutsche Bank reiterates its Buy rating
More news
Sales 2020 3 223 M 3 825 M 3 825 M
Net income 2020 1 157 M 1 373 M 1 373 M
Net Debt 2020 2 241 M 2 660 M 2 660 M
P/E ratio 2020 25,0x
Yield 2020 1,99%
Capitalization 28 734 M 34 199 M 34 100 M
EV / Sales 2020 9,61x
EV / Sales 2021 9,11x
Nbr of Employees 6 427
Free-Float 95,6%
Duration : Period :
Deutsche Börse AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DEUTSCHE BÖRSE AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 158,11 €
Last Close Price 156,65 €
Spread / Highest target 19,4%
Spread / Average Target 0,93%
Spread / Lowest Target -12,5%
EPS Revisions
Theodor Weimer Chief Executive Officer
Martin Jetter Chairman-Supervisory Board
Christoph Böhm Chief Operating & Information Officer
Gregor Pottmeyer Chief Financial Officer
Mareike Sich Head-Financial, Corporate & IT
Sector and Competitors
1st jan.Capitalization (M$)
B3 S.A. - BRASIL, BOLSA, BALCÃO47.78%24 225
NASDAQ21.10%21 280