The impact of German gold investment on the global market over the past few years is often overlooked, thus the World Gold Council has just released a special report on German gold investment since the 2008 global financial crisis – as linked below
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.