firms use the Internet in addition to trading in exclusive stores.
Degussa also returns in the gold trade.
"Honey, let's buy some Krugerrands" - those rates could soon be part
of everyday life in German pedestrian zones. Previously, the
transition to the bank manager of the trust when buying gold was
inevitable. Today, investors can respond immediately to currency
fluctuations and to increase their stocks of physical gold just once
during the lunch break. Just private investors will benefit from
increasingly simpler purchasing options.
Only on 2 November celebrated the Degussa precious metals dealer with
a store opening in the center of Munich's re-entry into the gold
market. Here, customers can choose between gold ingots of different
sizes. For the slightly more budget conscious, the range also includes
the major bullion coins.
Degussa, formerly the German Gold and Silver Refinery and until a few
years, manufacturers of gold bullion itself is planning for the coming
year more stores in a central location. The gold buying in the online
shop should be possible in a few weeks. Behind the new beginning is
the entrepreneur-von Finck family. She had acquired the rights to the
brand Degussa for approximately two million euros from the chemical
giant Evonik.
Increasing investment expected
The entry of Degussa underlines the growing importance of non-bank
trading division. The possession of physical gold is in a crisis as
one of the few safe investments. Precious metal dealer proaurum
recognized this years ago and has been using for a long time to retail
stores in addition to online trading. With offices in cities like
Munich or Berlin, they were among the first private gold trading
houses of this kind in Germany. Is afraid of the new competition Mirko
Schmidt, not one of the founders proaurum. "We expect the long term so
that investment in gold will increase significantly. The market will
grow further due to the rapidly increasing demand, there is room for
more than one provider, "says Schmidt. Proaurum alone this year has
already sold 15.7 tonnes of gold in the form of coins and bullion.
Only this week the Munich opened a new shop in Düsseldorf, during the
month of the Vienna branch moves from the suburbs, in the first
district.
