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Michael Blumenroth in the commodity talk: “Gold ETCs are like insurance for many investors”


After the records in the summer, gold went down a bit – until the US election. What are the prospects in fluctuating Corona times and which other precious metals are still interesting? “All of them tend to be interesting. We have seen new figures for platinum in particular – this year there is also a large supply deficit for palladium. Whatever is interesting is silver. But none of them are for investors who are looking for great security. Gold is recommended ”, says Michael Blumenroth in the commodity talk.

In addition, gold ETCs such as Xetra Gold continue to be very popular with investors. “For many, it’s like insurance. When it really cracks, you have gold in your depot. In addition, gold ETCs are now emerging in China and India, ”said the Deutsche Bank expert at Manuel Koch in an interview on the Frankfurt Stock Exchange.

> See the commodity talk

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