Gold price in Hamburg today
Hamburg is a city of merchants – and many Hamburg residents keep gold as a reserve. Here you'll find today's rate for bars, coins and scrap gold.
The gold price is the same throughout Germany. Differences in Hamburg arise in the buying price: dealers deduct a margin from the spot price – comparing pays off.
Gold · today in Hamburg
Range on last trading day €3,468.75 – €3,515.60
Gold as an investment: Hamburg's merchant tradition
In the Hanseatic city, protecting wealth has a long tradition. Interest in gold bars and bullion coins is correspondingly high. If you buy gold in Hamburg, you pay a premium on the spot price; if you sell, you receive a discount. The spread is smallest for common products such as the 1-ounce Krügerrand or 100-gram bars.
Hamburgische Münze – mint mark J
Hamburg has its own state mint. Coins with the letter J come from the Hamburgische Münze (Hamburg Mint). For bullion coins, the mint mark hardly matters when you sell gold; for rare collector coins, it can lift the value above the gold content.
Buying, storing, selling
- Buying: investment gold is exempt from VAT in Germany. Compare the price per gram, not per piece.
- Storing: at home only if well insured; many investors use a bank safe deposit box or a vault at a precious-metals dealer.
- Selling: bars and coins in good condition and with a certificate achieve the best buy-back price.
Tax when selling gold in Hamburg
As a private individual, you can sell physical gold tax-free if you have owned it for more than one year. Within one year, the gain is taxable if your total private sale gains for the year reach €1,000. So keep your purchase receipts safe.
Work out the current value of your bars with the gold calculator – or go straight to 999 fine gold.
Gold price in Hamburg – history
What is your gold worth in Hamburg?
| Fineness | Carat | per gram |
|---|---|---|
| 24 carat fine gold (999) | 24 K | €111.54 |
| 22 carat gold (916) | 22 K | €102.28 |
| 21.6 carat gold (900) | 21,6 K | €100.49 |
| 21 carat gold (875) | 21 K | €97.70 |
| 18 carat gold (750) | 18 K | €83.74 |
| 14 carat gold (585) | 14 K | €65.32 |
| 9 carat gold (375) | 9 K | €41.87 |
| 8 carat gold (333) | 8 K | €37.18 |
How to sell gold safely in Hamburg
- Check the purity: look for hallmarks such as 585 or 750 and weigh the item on an accurate scale.
- Calculate the material value: with the gold calculator based on today's price.
- Get several quotes: compare at least two dealers in Hamburg – buying prices often differ widely.
- Bring your ID: for cash transactions of €2,000 or more, identification is required by law.