Xetra-Gold

Europe’s leading gold-backed ETC Xetra-Gold now available in the Nordics Assets under custody of more than 200 tonnes of gold / Nordnet first broker to offer

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Frankfurt am Main, 5 December 2019

Gold bars in the German central vault for securities. They securitise Europe's leading gold-backed ETC Xetra-Gold. Source: Deutsche Börse Commodities GmbH
Gold bars in the German central vault for securities. They securitise Europe's leading gold-backed ETC Xetra-Gold. Source: Deutsche Börse Commodities GmbH

Deutsche Börse Commodities has launched Europe’s leading gold-backed exchange-traded commodity (ETC) Xetra-Gold (ISIN: DE000A0S9GB0) in the Nordic countries Denmark, Finland, Norway and Sweden. The first broker to offer Xetra-Gold is Nordnet. Further brokers will follow soon.

Xetra-Gold is used by institutional and private investors to participate flexibly and cost-effectively in the development of the gold price. Each Xetra-Gold note grants the investor the right to the delivery of one gram of gold from the issuer or, if an investor is not permitted to take delivery of gold, to demand repayment of Xetra-Gold in cash at its repayment value.

Just recently, gold holdings of Xetra-Gold have exceeded the 200-ton mark for the first time. This is an increase of approx. 20 tonnes since the beginning of the year. The assets under custody currently amount to 8.6 billion euros. Xetra-Gold is thus the leading European gold security with which the precious metal is also physically deposited. Gold holdings increase when investors buy Xetra-Gold shares via the stock markets.

“We are very pleased to now also offer Xetra-Gold on the Nordic markets," says Steffen Orben, Managing Director of Deutsche Börse Commodities GmbH, the issuer of Xetra-Gold. "Gold has developed into an independent asset class. Over recent years, we have seen a continuing demand for gold, which is coming both from institutional and private investors. More and more asset managers and family offices are also using gold to hedge their portfolios," Orben continued.

“We see a high demand among the private savers to invest in products that follow the development of the gold price. We are proud to be the first broker in the Nordics to launch Xetra-Gold”, says Martin Ringberg, Country Manager Sweden at Nordnet.

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.

Media contact:
Patrick Kalbhenn
Phone: +49-(0) 69-2 11-1 47 30
media-relations@deutsche-boerse.com

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.

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Gold bars in the German central vault for securities. They securitise Europe's leading gold-backed ETC Xetra-Gold. Source: Deutsche Börse Commodities GmbH
Gold bars in the German central vault for securities. They securitise Europe's leading gold-backed ETC Xetra-Gold. Source: Deutsche Börse Commodities GmbH
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