LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

COT Gold, Silver and US Dollar Index Report - September 20, 2019
By: GoldSeek.com

Fed’s Gold-Bull Impact
By: Adam Hamilton, Zeal Research

GoldSeek Radio Nugget: Michael Pento Ph.D.
By: Chris Waltzek Ph.D., GoldSeek Radio

Panicky Fed Flooding Overnight Markets with Cash
By: Mike Gleason

Semiconductor Sector; a Market & Economic Leader
By: Gary Tanashian, NFTRH

Gold Consolidates As The Fed Loses Control
By: Stewart Thomson, Graceland Updates

Precious Metals Update Video: Gold consolidating, watching recent lows
By: Ira Epstein

Serious Inroads, But Still Unfinished Business
By: Ted Butler

A Message to My Former Colleagues at Overstock
By: Patrick Byrne

Repo Rates And Gold: Something Big Is Happening
By: Dave Kranzler

 
Search

GoldSeek Web

 
Gold Investment In Germany Surges – Now World’s Largest Gold Buyers


 -- Published: Friday, 6 October 2017 | Print  | Disqus 

– Gold investment in Germany surged in past 10 years
– Germans are largest gold buyers in world: WGC research
– Gold investment in Germany surges to €6.8B in 2016
– Gold demand per person is highest in world – double Chinese, UK and U.S. demand
– Gold one of the most popular investment for retail investors especially those with high incomes
– 59% of respondents agreed with the statement that
gold will never lose its value in the long-term
– 48% agreed with the statement that owning gold
makes me feel secure for the long-term
– Prudent Germans more aware of financial and monetary risks

Click on chart to enlarge

Germany’s Golden Decade from the World Gold Council 

Germany’s gold investment market has boomed in the past 10 years.

In the face of successive financial crises and loose monetary policy, German investors turned to gold to protect their wealth. In response, new product providers entered the market making it easier for people to invest.

Last year, more than €6bn was ploughed into gold investment products in Germany and, encouragingly, there is room for further growth: consumer research indicates there is latent retail demand which the industry can tap into.

Must read research from the World Gold Council confirming that prudent Germans are the largest gold buyers both in Europe and in the world has just been published and can be accessed on Gold.org here.

News and Commentary

Gold prices steady ahead of U.S. payrolls data (Reuters.com)

Gold settles lower, builds on a weekly loss (MarketWatch.com)

U.S. jobless claims fall; rise in exports helps narrow trade deficit (Reuters.com)

Crypto Coin Sales Get Fresh Regulatory Scrutiny as ECB Weighs In (Bloomberg.com)

US Mint Gold-Coin Sales Drop to Decade Low: Chart (Bloomberg.com)


Source: Gold.org

Gold Investment In Germany Surges To €6.8B In 2016 (Gold.org)

Why Precious Metals Are The Better LONG-TERM Store Of Value Over Bitcoin (GoldSeek.com)

U.S. Treasury increased the public debt by $318 billion (GoldSeek.com)

Europe Could See Another Brexit-Like Rupture—Beyond Spain (Bloomberg.com)

Puerto Rico Is Running Out of Money (Bloomberg.com)

Gold Prices (LBMA AM)

05 Oct: USD 1,278.40, GBP 969.28 & EUR 1,086.51 per ounce
04 Oct: USD 1,275.55, GBP 960.87 & EUR 1,085.11 per ounce
03 Oct: USD 1,270.70, GBP 959.00 & EUR 1,081.87 per ounce
02 Oct: USD 1,273.10, GBP 956.48 & EUR 1,084.55 per ounce
29 Sep: USD 1,286.95, GBP 963.15 & EUR 1,090.82 per ounce
28 Sep: USD 1,284.30, GBP 961.04 & EUR 1,091.40 per ounce
27 Sep: USD 1,291.30, GBP 963.83 & EUR 1,099.54 per ounce

Silver Prices (LBMA)

05 Oct: USD 16.66, GBP 12.64 & EUR 14.19 per ounce
04 Oct: USD 16.83, GBP 12.67 & EUR 14.29 per ounce
03 Oct: USD 16.61, GBP 12.53 & EUR 14.13 per ounce
02 Oct: USD 16.58, GBP 12.46 & EUR 14.12 per ounce
29 Sep: USD 16.86, GBP 12.60 & EUR 14.27 per ounce
28 Sep: USD 16.82, GBP 12.53 & EUR 14.28 per ounce
27 Sep: USD 16.89, GBP 12.58 & EUR 14.38 per ounce

http://www.goldcore.com/us/

 


| Digg This Article
 -- Published: Friday, 6 October 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.