80% of Germans are willing to acquire precious metals

The overwhelming majority of German residents are willing to buy precious metals this year. Of these, 25% have already had such an experience, and it was undoubtedly positive. ​

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Residents of Germany support the purchasing of gold

According to the study of the well-known investment company Philoro Edelmetalle, Germany's interest in gold is high. What does this mean? 

The company conducted a survey among 3,001 residents aged 18 to 29 to find out what respondents are guided with in their decision to purchase precious metals. The study confirmed that two-thirds of the respondents have a positive attitude towards precious metals and consider gold as a reliable shield against financial losses. 

63% want to buy precious metals in 2016

More than 80% expressed their willingness to invest. 25% of the surveyed have already bought precious metals. More than half (63%) have the specific intent to spend at least 1,000 euros on the purchase of precious metals. In terms of weight, this could lead to the purchasing of approximately 135 tons of metal (in 2015 Germany obtained 116 tons of gold). 

The study revealed that the intention to buy precious metals is directly proportional to the respondents' income. Those whose monthly income exceeds 2,000 EUR are interested in a continuous purchase of physical precious metals. The explanation was simple: those who earn more require financial stability and safety. 

State gold reserves and personal funds

Germany holds the second place in the list of countries with the largest gold reserves. The country has a long tradition of gold purchase and currently it has 3,381 tons.

Do you want to start or increase your personal gold reserves?