الذهب كاستثمار في أوقات الأزمات

Gold is one of the most valuable metals on Earth and has always possessed a magical allure. It is not only used in jewelry and semiconductor production but is also highly popular as a capital investment. Especially in times of crisis, such as the COVID-19 pandemic or the Ukraine crisis, investors benefit from positive developments in the price of gold and are protected against rising inflation rates. For German investors, who have been experiencing negligible interest rates on their savings for several years and may even have to pay custody fees, the current inflation rate of over 5% presents significant disadvantages. On one hand, the existing money wealth loses purchasing power massively, and on the other hand, the cost of living becomes significantly more expensive. A rapid end to high inflation is not foreseeable at the moment (March 2022). This is prompting many investors to turn their attention to investing in gold bars and coins. Unlike paper money, the precious metal cannot be created arbitrarily, has proven to be the ultimate crisis currency in all hyperinflations, and has been accepted as a medium of exchange in almost all cultures for thousands of years.

Gold has been a form of financial security in crises for generations. Furthermore, the precious metal has survived every crisis to date and has often emerged from them significantly strengthened. Those who want to invest in physical gold are best advised to turn to established commercial precious metal dealers such as Reisebank, Pro Aurum, or Degussa.

The current limit for anonymous gold purchases is EUR 1,999. For amounts over EUR 2,000, dealers are obliged, due to anti-money laundering laws, to document the identity of the buyer. When purchasing gold from an online dealer, the buyer's personal data must be provided during the ordering process, as with any other online purchase. Furthermore, gold must usually be paid for in advance when buying online.

It is definitely worthwhile to compare different dealers and obtain multiple quotes before investing. It is important to compare the price of coins and bars with identical weight, fine gold content, and the same minting. Since the price of gold fluctuates widely, investors should also pay attention to the time at which the price was quoted, as the timing can be a possible reason for price differences among different dealers.

The fluctuations in the price of gold show that the precious metal is best invested in for the long term, over a period of three years or more. In the event of a crisis, the investor is thus secured with a solid reserve. Additionally, gold investment, when diversifying capital, serves as an important pillar for portfolio protection. To offset price fluctuations, it is advisable to acquire smaller quantities of gold over a longer period, which additionally secures the investor in times of crisis.

Does Gold Protect Against Inflation?

According to the Federal Statistical Office, the inflation rate in Germany reached +10% in September 2022 (compared to the same month of the previous year). In August 2022, it was +7.9%. Money becomes less valuable, but how does it compare with the price development for gold? In the long term, gold as an investment protects against inflation.

Looking at the price development of gold alone over the past two years, in March 2021, the price for a troy ounce of gold was around EUR 1,450. By mid-April 2022, it had climbed to almost EUR 1,800, and in March 2022, it reached a new all-time high in euros: the gold price almost reached the mark of EUR 1,900 per troy ounce. The increase in value over the period from March 2021 to April 2022 is approximately 20 percent. Thus, the gold price development in euros has significantly offset inflation in Germany. And even the comparison in US dollars is pleasantly positive: from $1,750, it increased to approximately $1,950 in the same period. That is an increase of about 13 percent.To securely store gold over a longer period, Trisor GmbH offers a solution in the form of fully automated and state-of-the-art safe deposit box facilities. The safe deposit boxes, accessible within a secured customer cabin, are available at any time (24/7) without prior appointment, offer the highest security level, and are provided via robotics in a dispensing compartment. The process from registration to the opening of your personal safe deposit box is quick and uncomplicated. After online registration and proof of identity on-site, you can use your safe deposit box independently.