Q1 saw boosted demand for physical gold as investors looked for alternative assets and gold caught a safe haven bid as a hedge against the rising inflation.

Q1 saw boosted demand for physical gold as investors looked for alternative assets and gold caught a safe haven bid as a hedge against the rising inflation.

2021 will be a bullish year for gold, although the enormous hike in 2020 (24,6% per ounce in US Dollars and 14,4% per ounce on Euros) may not be repeated this year.

After a 47% surge in 2020, silver is poised to continue its momentum this year. Most investment analysts and banks’ commodity traders expect silver to trade above $30 an ounce on average.

While Germany already is one of the most important gold markets in the world, it is clear that there still is a lot of potential demand waiting to be untapped, and addressing the different concerns from potential investors is essential to do so.

Considering gold’s position as a safe and liquid asset, the continued accumulation by central banks emphasises the important role of gold to central banks portfolio.