Today the podcast is all about the topic of gold. For many investors, the coveted precious metal is still seen as an anchor of stability in their portfolio; as protection against crises and inflation. Many asset managers also recommend adding five to ten percent to your portfolio.
Recently, gold owners had something to be happy about: gold recently reached a new all-time high and has increased in price by around 20 percent within a year. So is now a good time to buy gold? Or maybe even better: to sell scrap gold?
The Germans have a clear opinion on this: they sell. In recent months, demand has fallen sharply – unlike the rest of the world. Countries such as India and China in particular are buying heavily in gold. Why is that? And what’s next for the price of gold?
To take a look behind the scenes, we invited an expert to our studio: Alexander Köhne, customer advisor at precious metal dealer Pro Aurum. He explains what customers are particularly concerned about at the moment, what mistakes many people make when buying gold – and what the advantages of physical gold are compared to paper gold (ETCs).