2021 was a success for the precious metals market

Private investors were eager to buy the Krugerrand in gold or the Maple Leaf in silver or gold. Pandemics or economic turbulences could not change this. According to statements from Degussa Goldhandel, buyer behavior has stabilized at a high level after the gold boom year of 2020. Precious metal buyers with the mental background of long-term investments have remained loyal to precious metals. At Degussa, the best-selling goods included, in addition to Maple Leaf and Krugerrand, Degussa gold bars, weighing one ounce of gold, but also in various denominations. If online trading was already very strong in 2020, it picked up speed again in 2021. Also with the collector coins the trend went up, the demand goes according to Degussa, "unchecked" upwards.

Degussa is Europe’s largest precious metals trader in the private customer segment and achieved customer sales of more than €2.5 billion in 2019. In addition to online trading, which has skyrocketed, Degussa has expanded its business, with more lockers and more buying rooms now serving increased customer interest. And Degussa also expects the current year to be a good one in terms of precious metal sales, because buyer interest will rise as a result of rising interest rates in the USA, as will the price of gold. If, in addition, the jewelry markets recover, as in India, then the price of the precious metal should continue to rise. To invest in gold, investors can also bet on gold companies. For example, on Chesapeake Gold or GCM Mining.

GCM Mining – https://www.youtube.com/watch?v=Sr5GaectIig – is an established gold producer in Latin America with several mines in Colombia (Segovia property).

Chesapeake Gold – https://www.youtube.com/watch?v=Njv4DJ24bHQ – owns the world-class Metates gold-silver project in Durango, Mexico. A positive pre-feasibility study has already been completed.

Current corporate information and press releases from GCM Mining (- https://www.resource-capital.ch/en/companies/gcm-mining-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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