Different countries, different attitudes among investors

News Arnulf Hinkel – 06.06.2017

Over the past decade, worldwide demand for bullions and gold coins has significantly risen. Nevertheless, there are huge regional and international differences among gold owners regarding buying motivation, consumer behaviour and assessment of gold as an investment property. In late 2016, the World Gold Council published the results of a comprehensive study which provides most interesting insights into differences in gold buying behaviour around the world. The study covers the four largest markets –  China, India, Germany and the US – which made for 58 per cent of global demand for physical gold in 2015.

In addition to cultural differences, geopolitical conditions determine the investment behaviour for gold. In developing markets, speculative approaches as well as a tendency to short-term exposures are much more pronounced than in mature economies. While in China 41 per cent of all gold investments are speculative, this form of investment can be observed significantly less in the US (15 per cent) and Germany (11 per cent). The (average) share of income consumers are willing to invest in gold varies widely between regions: while in the US, consumers invest only 17 per cent of their income in gold, followed by Germany at 20 per cent, Chinese private investors invest an average of 37 per cent. Second is India at 29 per cent. This can be explained by the wildly varying levels of investors' trust in their national currencies. In India and China, a respective 63 per cent and 61 per cent of all consumers trust gold significantly more than their own currency. In the US and Germany, their share is less than half of that. The same goes for the sense of security the possession of gold provides, which is also significantly higher in developing markets than in mature economies. The complete study containing a number of further interesting results can be downloaded here.

Upcoming Events

Events

22.10.2020 - 22.10.2020 Investment Fund Day of Börsen-Zeitung Frankfurt

Digital Conference

Events

02.11.2020 - 03.11.2020 Private Wealth Excellence Forum

Youtube channel

Production of Umicore precious metal bars

Production of Umicore precious metal bars

Opening Bell Event zum 10-jährigen Bestehen von Xetra-Gold (German)

Opening Bell Event zum 10-jährigen Bestehen von Xetra-Gold (German)

Gold als eigene Anlageklasse: Interview mit Steffen Orben (German)

Gold als eigene Anlageklasse: Interview mit Steffen Orben (German)

Please select the optional cookies to activate Youtube.

Newsletter

Are you interested in receiving regular information on Xetra-Gold? Then subscribe to our monthly, free-of-charge newsletter to learn more about our gold holdings, upcoming events and to read our gold market outlook.

Required mandatory fields are marked with an asterisk (*).

Your data, collected for the purpose of sending the above information, will be processed in accordance with the DSGVO, i.e. they are used exclusively for the purposes mentioned above. The data will not be passed on to third parties. You can unsubscribe from our information services at any time using the unsubscribe function.

Further information is available in our complete data protection declaration.

Xetra-Gold Newsletter

We are sorry that you consider to unregister from our newsletter. Are you missing out information? If yes, we are pleased to receive your feedback. Of course, you can always re-register at any later point of time.

Required mandatory fields are marked with an asterisk (*).

Your data, collected for the purpose of sending the above information, will be processed in accordance with the DSGVO, i.e. they are used exclusively for the purposes mentioned above. The data will not be passed on to third parties. You can unsubscribe from our information services at any time using the unsubscribe function.

Further information is available in our complete data protection declaration.

Xetra-Gold Newsletter

Xetra-Gold Hotline

Xetra-Gold-Hotline

Do you have questions? We have the answers. Contact us here: 9 a.m.–6 p.m. CET

+49-(0) 69-2 11-1 16 70

xetra-gold@deutsche-boerse.com

For press inquiries:media-relations@deutsche-boerse.com

To contact form