The gold holdings of the Xetra-Gold exchange-traded bearer bond (ISIN: DE000A0S9GB0) grew considerably in the first half of 2025. Assets under custody increased by 7.3 tons between January and June, reaching 173.8 tons by June 30. The gold price has reached new highs during this period and was at €90.015 per gram as of June 30. Xetra-Gold’s assets under custody have thus risen by around 16.4 percent in the last six months, to €15.6 billion. “In times of economic uncertainty, the price of gold tends to behave in a fairly predictable way. In past crises, global demand for gold has risen, pushing up the price. For many ... (full story)