Information on delivery of physical gold
The question was raised in a current article on an German investor website of whether physical gold can in fact be delivered without any problem.
Deutsche Börse Commodities GmbH stresses that owners of Xetra Gold units can exercise their right to delivery of securitised gold at any time. The gold is delivered by the bank branch on which the investor has its securities account – on the condition that the branch offers this service, as the gold can only be delivered through the investor's custodian bank. Deutsche Börse Commodities GmbH may be contacted by investors as well as banks at any time should the custodian bank have any questions or problems.
Since the introduction of Xetra-Gold in 2007, investors have exercised this right 900 times, with a total of 4.5 tons of gold delivered.