What is the international Gold Price?
The international gold price is the price of gold in international exchanges. It’s set by a formal entity in London and published to all exchanges world-wide. It’s the benchmark used across the globe to trade gold.
What is the Gold Price in Germany?
The gold price in Germany is the traded gold price in Germany. When you buy gold from a shop in Germany, you don’t buy it in the international gold price, because the dealer or the shop adds some margin to profit from the sale. In this column, we capture the cheapest gold price we could find from reputable online gold dealers in Germany.
For example, the German gold price per ounce in the table represents the cheapest gold ounce we could find listed from online dealers.
Using this table, you could then find how much a shop is charging you extra compared to the international price or compared to the cheapest shops online.
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