Germany is the largest gold investment market in the eurozone. Germans are historically known for their strong preference for physical gold — gold bars and coins — as a long-term store of value. The Heraeus and Umicore refineries operate within Europe. VAT on investment gold (bars and coins) is exempt under EU directive, making purchases tax-efficient.
Gold Price in Germany Today (EUR) — Live 24K Spot Rates Per Gram
Check live gold prices in Germany in Euros (EUR) today. Our data reflects international COMEX spot prices converted via the real-time USD/EUR exchange rate, giving you accurate 24K, 22K and 18K valuations per gram and troy ounce.
Germany ranks as Europe's largest physical gold investor nation. Surveys by the World Gold Council consistently show Germans hold more physical gold per capita than most other European nations. This affinity stems from historical memories of hyperinflation in the 1920s and the post-WWII currency reform.
EU regulations offer significant advantages to German gold buyers: investment-grade bars and legal-tender coins are completely VAT-exempt. For capital gains, physical gold held more than one year is sold tax-free — making Germany one of the most tax-efficient places in the world to invest in gold.
FAQ — Germany
Is there VAT on gold in Germany?
Investment gold (bars of at least 99.5% purity and legal-tender coins) is VAT-exempt in Germany under EU Directive 1998/80/EC. Gold jewelry, however, is subject to 19% VAT.
Where can I buy gold in Germany?
Major German banks (Deutsche Bank, Commerzbank), specialist dealers like Degussa or Pro Aurum, and online platforms like Gold.de are popular sources for buying physical gold in Germany.
What is the capital gains tax on gold in Germany?
Physical gold held for more than one year is tax-free upon sale in Germany. Gold sold within one year is subject to income tax if profits exceed the €600 annual exemption threshold.
