Figure of the month: 6.6 trillion

News Arnulf Hinkel – 01.02.2017

There are more than 186,000 tonnes of already extracted gold (as of January 2016) on this planet: in the form of jewellery, as coins, as important components of medical processes and modern technology – and, of course, as a means of investment. At a price of €35.74 per gram of gold, the total value of the gold produced would amount to around €6.677 trillion.

Most investors are likely to believe the main use of this precious metal might be for investment purposes: after all, gold has proven a hard currency in times of crisis time and again. However, gold is actually used primarily for the production of jewellery, at 48 per cent, representing approximately 90,300 tonnes, which corresponds to a current market value (as of end of January 2017) of €3.19 trillion. Far less than half of it, at 20.5 per cent or 37,870 tonnes respectively, is actually used for investment purposes. This comprises gold bars and coins, as well as gold deposited to physically back certain investment instruments such as Xetra-Gold. The gold invested in total has a current market value of around €1.36 trillion. Gold as a safe haven is of high significance for most states, which is why the gold reserves of all central banks across the world amount to 31,700 tonnes, reflecting a market value of just under €1.13 trillion. As a result, central banks hold a total of 17 per cent of the total gold stock. The remaining 14 per cent of the existing gold holdings – around 30,000 tonnes – are used in industry and medical technology: as dental gold, in smart phones, as catalysts in chemical industry processes, and, of course, to adorn clothing and fashion accessories.

By the start of 2017, the volume of gold produced is estimated to have risen by almost 4,000 tonnes, and the current demand is unlikely to change fundamentally over the course of the year.

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