About Gold Pricing in Germany
The gold price displayed above is calculated live from the COMEX spot price and converted to EUR using real-time exchange rates. Investment gold is VAT-exempt (Mehrwertsteuer-frei) in Germany under EU Directive 98/80/EC.
Germany has the world's second-largest central bank gold reserves (3,352 tonnes held by the Deutsche Bundesbank). Germans are Europe's largest private gold buyers, with an estimated 8,918 tonnes held by households. AURUM calculates German gold rates using: COMEX spot x EUR/USD rate (ECB reference rate).
Physical gold purchases up to EUR 1,999.99 can be made anonymously in Germany (Tafelgeschaft). Gains on gold held over 1 year are tax-free (Spekulationsfrist). For full gold intelligence, visit the AURUM platform.
Frequently Asked Questions - Gold in Germany
What is the gold price in Germany today? +
German gold price is the COMEX/LBMA spot price converted to EUR using the ECB reference rate. Investment gold (bars and coins) is VAT-exempt in Germany under EU Directive 98/80/EC.
Is gold VAT-free in Germany? +
Yes. Investment gold (bars of 99.5%+ purity and legal tender coins) is exempt from 19% VAT (Mehrwertsteuer) in Germany. Silver and platinum are NOT exempt - they attract full VAT.
Is gold profit tax-free in Germany? +
Yes, if held for more than 1 year. Gold held over 12 months (Spekulationsfrist) is exempt from capital gains tax. Gains on gold sold within 12 months are taxed at your personal income tax rate if they exceed EUR 600.
Can I buy gold anonymously in Germany? +
Yes, for purchases up to EUR 1,999.99 in cash (Tafelgeschaft). Purchases of EUR 2,000 or more require identity verification under Germany's anti-money laundering regulations (GwG).
Where do Germans buy gold? +
Major German gold dealers include Degussa, pro aurum, philoro, and comdirect. Many German banks (Sparkassen, Volksbanken) also sell gold bars and coins over the counter.