Goldbestände
Goldbestände refers to the holdings of gold by individuals, institutions, and governments. These holdings can take various forms, including physical gold bars, coins, or gold held in financial instruments like gold exchange-traded funds (ETFs) or gold futures contracts. Central banks are significant holders of gold, often maintaining substantial gold reserves as part of their foreign exchange assets. These reserves can serve various purposes, including as a store of value, a hedge against inflation and currency devaluation, and a means to support national currency stability.
Individuals and private investors may hold gold as a diversification strategy within their investment portfolios, seeking