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The name DEGUSSA is an acronym for Deutsche Gold- und Silberscheideanstalt and is probably one of the best-known gold refineries in the German-speaking world and was one of the most important manufacturers of gold, silver and platinum bars for a long time.

The price of gold today is determined by supply and demand on international markets and is therefore largely uniform worldwide. There is therefore no such thing as "THE" Austrian gold price.

You bought gold and now the price is going down? Falling prices are by no means a reason to panic. If you consider these 10 questions and answers, you are on the safe side.

Whoever buys a gold coin with 1 ounce of fine gold from a precious metal dealer or a bank always pays more than the "gold spot", i.e. the general gold price on the world market, currently shows. This difference, i.e. the additional cost of a gold, silver or platinum coin at the time of purchase compared to the current price of the metal is called the "premium".

Silver and gold - when there is a crisis in the global economy, precious metals are in high demand again. Silver coins are seen as a way to have a means of payment that retains its value even in times of inflation.

When it comes to investing in precious metals, silver is often given less attention or forgotten altogether. But old silver shillings, silverware or silver bars can consistently score as a reasonable value investment and "iron reserve".

If you invest your money in gold, you think in the long term - that means at least in decades. When investing in gold, however, you should consider a few aspects.

The white precious metal is more in demand than ever and is a popular alternative to gold and silver that is often used to diversify a precious metal investment.

Ögussa is one of the best-known Austrian refiners and, in addition to producing technical metals for industry, is known primarily for its bars of gold and silver for investors.