Market Update – Germany’s Golden Decade

Market Update – Germany’s Golden Decade

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.


A market transformed

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More

The German investment market has undergone a radical transformation in the past 10 years. Before 2008 it was small. Bar and coin demand languished at low levels: average demand between 1995 and 2007 was a modest 17 tonnes (t) and, in some years, there were more sellers than buyers. In the early 2000s, some banks pulled out of the precious metals business altogether. The gold-backed exchange-traded commodities (ETC) market wasn’t much to shout about either: before 2007, no gold-backed ETCs were listed in Germany.