Investment gold

What type of gold is suitable as an investment

Precious metals are ideal for diversifying your investment portfolio. When buying investment gold, however, you should make sure you buy the right gold products. This is because not all gold is equally suitable for investment.

Gold as an investment: why at all?

Gold and other precious metals are suitable as a long-term and, above all, crisis-proof investment that primarily serves to protect assets.
While the value of money is constantly decreasing due to inflation, precious metals such as gold, silver, platinum and palladium retain their value and are available in limited quantities. We therefore recommend investing 10 to 20 percent of your total assets in precious metals, depending on the possibilities.

Investment gold tax-free in Austria

Gold is particularly suitable as an investment, as investment gold in the form of coins and bars is exempt from VAT in Austria and throughout the EU. However, certain requirements must be met in order to be considered investment gold:

Gold bars must have a purity of at least 995/1000 and a weight generally accepted on the gold market.

Investment gold coins, on the other hand, must have a fineness of at least 900/1000, have been minted after the year 1800, be legal tender in their country of origin or have been legal tender in the past and the selling price of the coins may not be more than 80% above the pure material value.

If these conditions are not met, the gold does not count as investment gold for the legislator. Investment products made of silver, platinum and other precious metals are subject to VAT, but it may be possible to claim differential taxation.

Classic investment gold is available in many varieties:

Buy investment gold in bar form

The advantage of gold bars is the lower issue premium compared to coins. While smaller gold bars - between 1g and 100g - are usually issued today in the form of minted bars, larger bars, usually from 250g, are generally found as cast bars.

If you would like to buy gold in bar form, we recommend only buying bars from good delivery manufacturers. These are produced by LBMA-certified manufacturers and are considered "bankable" worldwide, meaning they can be sold anywhere and at any time without any problems and without deductions.

Golden bullion coins as an investment

Not every gold coin is equally suitable as an investment. A distinction is made between collector coins and bullion coins.

Bullion coins are made of pure fine gold (999/1000) or very high alloys (986 ducat gold or 22 carat for the Krugerrand). The price of such a coin is made up of the pure material value and a small surcharge for the minting. Their price is therefore linked to the current price of gold. The nominal value is always far below the actual material value.

Among modern bullion coins, you will find both restrikes of old curant coins (ducats, crowns,...) and modern gold coins such as the Vienna Philharmonic or the Maple Leaf.

The best gold coins for beginners are bullion coins that are as well-known as possible and therefore widely accepted.

Our tip: The "big six" gold bullion coins

Jewelry, medals and collector coins not suitable as an investment

Jewelry, medals and collector coins are not suitable as gold investments. When selling jewelry, precious metal dealers usually only pay the scrap gold price for the material, which is based on the gold price with a discount for melting and recycling.

In the case of collector coins, the material value is of secondary importance for the value; what counts first and foremost is the supply, the condition of the respective piece and also whether a collector likes it and is prepared to spend money on it.

Medals are somewhere between collector coins and jewelry. Rare award medals and commemorative coins may be in demand among collectors, but when gold is purchased from a dealer, only the old gold price is paid.

Investment gold: let us advise you!

If you are interested in investing in precious metals, let our gold experts advise you free of charge and without obligation!

In a personal meeting, we will get an idea of your reasons for investing in gold. Based on this, we will work together to develop a denomination tailored to your personal needs and recommend the ideal gold products for you.