How to Buy Gold & Silver in Berlin or Germany

If you are in Berlin or Germany and looking to buy gold and silver for investment and wondering how to do this, then this post is for you!

There are two ways to do this: buying from a physical store or buying from an online store, each of which has its pros and cons.

Buying Gold or Silver From a Physical Store in Berlin

One famous store in Berlin that is specialized in selling gold & silver for investment is Degussa. They also have an online store. Below are the pros and cons for buying gold from a physical store.

Pros:

  • Way less risk, since you pay and get the gold in your hand immediately.
  • If you are buying gold or precious metal worth less than 1,999 EUR, then you don’t have to identify yourself. Otherwise, you need to provide your ID and the dealer must store your information.
  • You can ask the dealer questions and ask for some advise.
  • You can inspect the items.
  • You avoid shipping cost.

Cons:

  • The prices are often way higher than online shops, that’s why you should always consult a Gold Price Tool to compare prices.
  • You often can’t find all brands, especially if you are looking for special coins with special prints.

Buying Gold or Silver From an Online Store in Germany

Two online stores that are good and trustworthy for buying gold and silver in Germany are the following:

  • Goldsilbershop.de: this one is a dealer that sells gold manufactured from several brands.
  • Heraeus-gold.de: this is the store of a famous gold brand and a manufacturer of gold.

The prices are updated every 5 minutes, so when you add something to the cart, make sure to order within 5 minutes, otherwise you can’t guarantee the same price when you added the items to the cart.

Below are the pros and cons for buying gold from an online store.

Pros:

  • You get the best price (always use a Gold Price Tool to compare prices!) .
  • You can compare several stores.
  • More selection in terms of gold & silver coins.
  • More convenient, especially if you want to avoid the long trip to a physical store.

Cons:

  • The online store will have your personal data, so regardless of how secure they can be, there is always risks of your data being breached or stolen. Also you can’t guarantee who looks at your personal information and how it’s really treated.
  • Risk of the shipment getting stolen or lost. Most gold online stores send shipments with insurance in case the package gets stolen or lost. But in case something bad happens, it will be a headache to deal with such a situation.

Which Gold & Silver Brands to Buy in Germany?

If you are wondering which gold & silver brands to buy in Germany, then check out or other post:

The BEST Gold & Silver Brands in Germany

NOTE: please remember that this is NOT a financial advise. Please do your own research. We are not responsible for any decision you make.

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