The gold holdings at Deutsche Börse in Frankfurt exceeded the 200-ton mark for the first time. The reason is a strong demand for the precious metal as an investment. Just under 200.1 tons of gold are currently stored in the vaults of the company, according to the stock exchange. At the turn of the year it was still 181.5 tons.
New gold is added whenever investors purchase the so-called Xetra Gold Bond. For every share certificate, one gram of the precious metal is deposited. Currently, the gold holdings have a value of 8.5 billion euros - also a peak.
Gold is a safe haven for investors in turbulent times. In addition, investments such as passbook or call money rarely pay off because of the low interest rates. The Stuttgart Stock Exchange also offers an exchange-traded gold-based security ("Euwax Gold").
Some investors even ship their gold home: since the introduction of "Xetra-Gold" in 2007, investors have made use of this opportunity 1053 times. In total, 5.1 tonnes of gold were delivered, according to Deutsche Börse.
