29.09.2010 - Deutsche Börse commodities launches Xetra-gold in the UK
From Mondovisione.com: Deutsche Börse Commodities GmbH launched Xetra-Gold in the UK. Xetra-Gold is an exchange-traded security in the form of a bearer note which is always 100 percent backed by gold. Each unit of the Xetra-Gold bearer note grants investors the right to demand the delivery of one gram of gold from the issuer. Deutsche Börse Commodities’gold reserve for Xetra-Gold is currently around 50 tons – valued at around € 1.6 billion at current prices. Private investors can have the physical gold delivered to their bank and receive it there personally. In Germany, more than 400 private investors have taken this option to date..............................................Full Article: Source
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