German investors turn to gold over past month

Jonathan Boyd
clock • 1 min read

BullionVault, whose users hold some $2.1bn of physical gold, has reported a 20% jump in the number of German customers in July and August - as German 10-year government debt, the Bund, saw its yield fall to -0.59% by 9 August on concerns of a shrinking trade surplus in Europe's biggest exporting economy. The provider of onling buying and selling of gold and silver said that historically, Germany investors ranked fourth behind UK, US and French users of its services. However, when ranked by new investors, so far in 2019 Germans have ranked second only to those from the UK. German inves...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.