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.
In 2016, €6.8bn was ploughed into German gold investment products
PG View: That’s really impressive demand for a safe-haven when the mainstream financial press is telling us everything is great. The Germans seem to think otherwise . . .