Here you'll find current precious-metal prices, clearly explained background and selected news about gold, silver, platinum and palladium. The prices update on their own.
Here you'll find current precious-metal prices, clearly explained background and selected news about gold, silver, platinum and palladium. The prices update on their own.
All prices are non-binding reference values per troy ounce (31.1 g) or gram and are not investment advice. The daily price in the shop applies.
Gold is scarce, lasting and recognised all over the world. In crises and times of high inflation, many regard it as a safe haven, because – unlike paper money – it can't be multiplied at will.
Investment gold such as bars and common coins is exempt from VAT in Germany, whereas jewellery is not. With jewellery, the workmanship and the trade margin are added on top.
Silver is both an investment and an industrial metal – in electronics and solar technology, for instance. Its price therefore tends to swing more than gold's; the opportunities are greater, but so are the risks.
Both are rarer than gold and sought above all for car catalytic converters. Their price depends heavily on industry and the economy and can therefore move sharply.
During the wedding season and at festivals such as Bayram, demand for gold jewellery and coins rises noticeably – traditionally a gift and an investment at once.
Precious metals are traded in troy ounces (1 oz = 31.1 g). The “spot” price is the pure material value; sale prices also include minting, craftsmanship and margin.
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