Investitionen in Gold-ETFs übertreffen erstmalig Anlagen in Münzen und Barren
12.04.2010 | Redaktion
- Der Goldpreis erreicht ein neues Allzeithoch in Euro (862 €/Unze) und Pfund (754 £/Unze).
- Gold erreicht auch einen Drei-Monats Höchststand von 1157 US-Dollar pro Unze, trotz der Stärke des US-Dollar liegt dies weniger als 5 Prozent unter dem Allzeithoch in US-Dollar.
- Platin- und Palladiumpreise sind seit der Finanzkrise auf ein Rekordhoch gestiegen. Die Bestände der physisch hinterlegten Platin- und Palladium-ETFs von ETF Securities erreichten 1,6 Milliarden US-Dollar und stiegen damit um 80 Prozent in diesem Jahr und um 900 Prozent seit dem 31. Dezember 2008.
- Die Goldbestände von ETF Securities sind Ende des ersten Quartals 2010 auf 8,7 Milliarden US-Dollar angewachsen. Damit sind dies die größten ETF-Bestände in Europa mit einem Zuwachs von 64 Prozent seit Ende 2008.
London, 9th April 2010, The gold price hit a new all-time high in Euro and the British Pound yesterday as the debt crisis in Greece and concerns about a hung parliament in the UK weigh on the Euro and Pound, and demand for gold as an alternative currency continues to rise. The gold price surged to €862oz yesterday, up 12% year-to-date and 30% over the past twelve months (11% and 24% in British Pounds), highlighting gold’s increasing use as a hedge not just against US dollar weakness, but sovereign risks more broadly.
Investment demand for gold has soared since the outbreak of the financial crisis in the second half of 2008. Total annual gold investment more than doubled in 2009 to $55bn from $25bn in 2008 according to GFMS data.
Physically-backed gold ETFs have been the primary vehicle for gold investment, with investment in physically-backed gold ETF holdings rising 85% in 2009 to account for 34% of all gold investment last year. Last year investments in gold ETFs surpassed coin and bar investing for the first time since the first physically-backed gold ETF, Gold Bullion Securities (GBS), was listed in 2003 by the founders of ETF Securities. Physically backed gold ETFs are estimated to hold approximately $63bn worth of gold at the end of 2009 according to World Gold Council data.
ETF Securities, the pioneer of commodity ETFs, has been a major beneficiary of this trend with total gold assets under management rising above $8.7bn by the end of 1Q 2010, the largest gold ETF holdings in Europe and a 64% increase over end 2008 levels.
Physically-backed platinum and palladium ETFs have also seen strong demand with assets under management in ETF Securities’ European, US, Japan and Australia listed platinum and palladium ETFs rising to $1.6bn by the end of 1Q 2010, up 80% since the beginning of 2010 and over 9 times end 2008 levels.
ETF Securities total assets under management now stand at $17.5bn, with assets spread across ETFs tracking precious metals, energy, agriculture and industrial metal commodity returns.
Nicholas Brooks, Head of Research and Investment Strategy, commenting on the rise in the gold price said:
The strong performance of gold, despite the strength of the US dollar, indicates that investors’ are increasingly viewing it as an alternative store of value, not just to the US dollar, but to fiat currencies more broadly, as sovereign risks continues to rise. The gold price has now hit new all-time highs in Euro and British Pounds and stands less than 5% below its all-time high in US dollars. Traditionally, investors concerned about the structural outlook for the US dollar would buy Euros, British Pounds or Yen. However, with policy and debt risks rising in all of these countries, investors - as well as central banks and sovereign wealth funds - are increasingly looking to gold as an alternative "hard asset" store of value.
Kontakt:
Nicolas Rajner
Tel: +44 (0) 20 7448 4330
Email: nicolas.rajner@etfsecurities.com
www.etfsecurities.com
