Where to Buy Gold in Germany| Best Places & Trusted Dealers
Where to Buy Gold in Germany, Germany is one of the most gold-friendly countries in Europe, with a well-established market for gold investors and collectors. Whether you’re looking for gold bars, coins, or jewelry, Germany offers numerous options for secure and reliable purchases. In this guide, we explore the best places to buy gold in Germany, the five key steps to follow when purchasing gold, and how Gold Buyers Africa can assist you in your gold investment journey. Where to Buy Gold in Germany
Best Places to Buy Gold in Germany
1 Degussa Goldhandel (Nationwide)
Degussa is one of Germany’s most reputable gold dealers offering gold bars, coins, and investment-grade bullion having various branches in major cities like Frankfurt, Munich, and Berlin, they provide secure and professional services for gold buyers.
2 Pro Aurum (Munich, Berlin, Düsseldorf, Stuttgart)
Pro Aurum is a well-known precious metals dealer with physical stores in multiple German cities. It offers a wide range of gold products, such as LBMA-certified gold bars and internationally recognized coins like the Krugerrand and Maple Leaf. Where to Buy Gold in Germany
3 GoldSilberShop.de (Online & Physical Stores)
GoldSilberShop.de is a leading German online gold retailer with physical stores in Mainz and other locations and they provide competitive prices and allow in-person pickup which makes them a convenient option for gold investors.
4 Reisebank (Nationwide – Airport & Train Station Branches)
Reisebank is a banking institution that offers gold purchases at major train stations and airports across Germany. While their prices may be slightly higher, they provide a convenient option for travelers and investors looking for quick gold transactions.
5 Coin and Precious Metals Dealers (Local Shops Across Germany)
Local coin dealers and precious metals shops in cities like Hamburg, Cologne, and Frankfurt provide a wide selection of gold coins and bars. Many of these shops also deal in numismatic gold, making them an excellent choice for collectors.
6 Online Gold Marketplaces (eBay Germany, Gold.de, Auragentum.de)
For those who prefer online purchases, Germany has reputable gold marketplaces such as Gold.de, Auragentum.de, and even verified sellers on eBay Germany. Buyers should ensure they purchase from trusted and well-reviewed sellers to avoid scams.
Key Steps to Follow When Buying Gold in Germany
1 Research the Gold Market Prices
Before making a purchase, check the current gold prices on reputable financial websites or platforms like the London Bullion Market Association (LBMA) and Gold.de to ensure you get a fair deal.
2 Choose a Reliable Dealer
Always buy from licensed and reputable gold dealers. Check their reviews, certifications, and reputation in the market to avoid counterfeits and fraud. Where to Buy Gold in Germany
3 Verify Gold Purity and Certification
Always ensure the gold you buy is 99.99% pure (24K) or meets the desired investment standard check for hallmarks, LBMA certification, and proper documentation to verify authenticity.
4 Understand Tax and Legal Regulations
In Germany, investment gold is VAT-free, but buying gold jewelry or numismatic coins may include additional taxes and make sure you understand the legal requirements before purchasing.
5 Secure Storage for Your Gold
After purchasing gold, store it securely in a bank safety deposit box, a home safe, or through a professional vaulting service to protect your investment from theft or damage.
How to Buy Gold Online in Germany
1 Choose a Reputable Online Dealer. Websites like Degussa, Pro Aurum, GoldSilberShop.de, and Gold.de www.goldbuyersafrica.com offer LBMA-certified gold with secure payment and delivery options.
2 Compare Prices. Use platforms like Gold.de to compare live gold prices across multiple dealers and find the best rates.
3 Check Gold Purity and Certification. Ensure the gold is 99.99% pure (24K) and comes with an official certificate of authenticity. Where to Buy Gold in Germany
4 Select a Secure Payment Method. Most online dealers accept bank transfers, PayPal, and credit cards for transactions. Some also offer cash payments for in-person pickups.
5 Choose Delivery or Storage Options. Buyers can opt for insured home delivery or secure storage in vaults provided by the seller.
Note. Online gold purchases in Germany are safe and reliable when conducted through authorized platforms. However, it is key to understand the legal regulations governing gold investments in the country.
How to Buy Gold from Africa in Germany
1 Find a Reliable Gold Supplier. Work with a trusted company like Gold Buyers Africa which ensures legal and secure transactions.
2 Verify Gold Purity and Certification. Request LBMA-certified 99.99% pure gold bars or coins with authenticity certificates.
3 Understand Import Regulations. Germany allows duty-free imports of investment gold, but customs declarations are required for large shipments.
4 Use Secure Payment Methods. Always reputable suppliers accept bank transfers, escrow services, and secure payment platforms.
5 Arrange Secure Shipping or Pickup. Always work with verified logistics providers to ensure safe delivery.
Note. Buying gold from Africa can be a profitable investment if done correctly. Always ensure legal compliance and buy only from licensed suppliers to avoid scams.
Key Legal Laws and Regulations When Buying Gold in Germany
1 VAT Exemption on Investment Gold
Germany follows the EU Gold Directive, which means that investment-grade gold (bars and coins with 99.5%+ purity) is exempt from VAT (Value Added Tax). However, numismatic or collectible coins and gold jewelry are subject to regular VAT rates (19%).
2 No Purchase Limits for Gold Buyers
Germany does not impose limits on how much gold an individual can buy. However, for purchases above €2,000, buyers must provide valid identification (passport or national ID) due to anti-money laundering (AML) regulations. Where to Buy Gold in Germany
3 Anti-Money Laundering (AML) Compliance
Gold dealers in Germany must comply with the German Money Laundering Act (Geldwäschegesetz – GwG) this means Anonymous gold purchases are allowed only for amounts below €2,000 and transactions above €10,000 require additional verification, including proof of funds also gold dealers must report any suspicious transactions to financial authorities.
4 Capital Gains Tax (CGT) Exemption After One Year
Germany has a favorable tax policy for gold investors if you hold gold for at least one year before selling, no capital gains tax (CGT) is applied and if sold within one year of purchase, profits exceeding €600 are subject to capital gains tax. Where to Buy Gold in Germany
Gold Buyers Africa A Trusted Partner for Gold Investors
If you’re looking for a trusted company to buy or invest in gold, Gold Buyers Africa is a reliable option. With extensive experience in the gold industry, they offer:
1 High-quality gold bars and coins at competitive prices
2 Secure and transparent gold trading services
3 Expert guidance on gold investments and market trends
Gold Buyers Africa ensures that clients receive genuine, high-purity gold while providing a seamless and secure buying process. Whether you are a first-time investor or a seasoned gold trader, they can assist you in making smart investment decisions.
NOTE: Germany offers many secure and trusted options for buying gold, whether through physical dealers, online platforms, or financial institutions. Start your gold investment journey today with confidence! Where to Buy Gold in Germany
Frequently Asked Questions About Buying Gold in Germany
1 Where can I buy gold in Germany?
You can buy gold from banks, gold dealers, online platforms, and financial institutions like Degussa, Pro Aurum, and GoldSilberShop.de.
2 Is gold taxed in Germany?
Investment gold is VAT-free, but gold jewelry and collectible coins may be subject to 19% VAT.
3 Can I buy gold anonymously in Germany?
Yes, but only for purchases below €2,000. Higher amounts require identity verification under AML laws.
4 Is online gold buying safe in Germany?
Yes, if you purchase from certified dealers like Gold.de, Degussa, and Pro Aurum. Always check reviews and certifications.
5 How do I verify the authenticity of gold in Germany?
Ensure the gold has hallmarks, LBMA certification, and comes with an authenticity certificate.
6 What is the minimum amount of gold I can buy?
You can buy as little as 1 gram of gold, but most investors prefer 1-ounce or larger bars.
- Is gold investment profitable in Germany?
Yes, due to tax exemptions and stable market demand, gold is a popular long-term investment.
8 Can I import gold from Africa to Germany?
Yes, but you must follow German import regulations and work with licensed gold exporters like Gold Buyers Africa.
9 Do I need a license to buy gold in Germany?
No, individuals do not need a license, but dealers must comply with AML regulations.
10 Can I sell my gold in Germany easily?
Yes, gold can be sold to banks, gold dealers, or online platforms, often without tax if held for over a year. Where to Buy Gold in Germany
11 What is the best type of gold to buy in Germany?
24K gold bars and LBMA-certified gold coins like Krugerrand, Maple Leaf, and Philharmonic are the best options.
- Where can I store my gold safely?
Options include bank safety deposit boxes, private vaults, or secure home safes.
- What happens if I lose my gold purchase receipt?
Some dealers may keep records, but it’s best to keep your receipts for tax and resale purposes.
14 How can I check live gold prices in Germany?
You can check real-time gold prices on Gold.de, LBMA, and financial news websites.
15 Can I buy gold with cryptocurrency in Germany?
Some dealers accept Bitcoin and other cryptocurrencies, but availability varies by seller. Where to Buy Gold in Germany