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🇩🇪 Gold Price Today in Germany | €3,958
Live gold price in Euro (EUR) — updated every 5 minutes
Last updated: Jun 18, 2026, 02:26 AM ET
Per Gram (EUR)
€127.26
Per Troy Oz (EUR)
€3,958
Per Kg (EUR)
€127,256
USD/Gold Spot
$4,302.29/oz
USD/EUR Rate
1 USD = 0.92 EUR
EUR per gram
€127.26
Gold Market in Germany
Germany has one of Europe's strongest gold ownership cultures, with private citizens estimated to hold over 9,000 tonnes of gold — more than the government reserves. The Bundesbank holds approximately 3,355 tonnes of official gold reserves, the second-largest in the world. Physical gold can be purchased anonymously up to €1,999 per transaction.
Why do people in Germany buy gold?
German savers have a historically deep distrust of inflation rooted in the hyperinflation of the 1920s and post-WWII period. Gold is seen as Hartgeld (hard money) — a store of value immune to monetary debasement. With over 20% of German households owning physical gold, it remains the most popular alternative investment in the country.
Frequently Asked Questions — Gold in Germany
Is gold tax-free in Germany?
Yes — physical gold held for more than one year is exempt from capital gains tax in Germany. Sales of investment gold (bars and coins meeting EU investment gold standards) are also VAT-free under EU directives.
Can I buy gold anonymously in Germany?
Gold purchases below €1,999 (reduced from €10,000 in 2020) can be made anonymously in Germany. Purchases above this threshold require identification (AML regulations). Germany has one of the most liberal gold-buying environments in Europe.
What is the gold price in euros today?
The EUR gold price is derived from the USD spot price multiplied by the EUR/USD exchange rate. The ECB also maintains reserve gold, and European gold prices closely track the LBMA benchmark converted to euros.
Where can I buy gold in Germany?
Physical gold can be purchased from Sparkasse banks, DEGUSSA, Philoro, Coininvest, and numerous local dealers. Online platforms like Bullion By Post (Germany) and JM Bullion Europe also serve German customers.