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All correct, but why not XetraGold but EUWAX? Are you sure about the tax exemption? For larger investment sums, I would still consider physical gold, at least proportionately. Keywords such as gold ban, loss of electronic trading opportunities...
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@AltesEisen 1. xetraGold costs you monthly fees, which amount to 0.025% of the portfolio value held. Ergo, cheaper to buy per gram, but more expensive to hold in the long term.
2. he is right about the tax insofar as the gold from the ETC is tax-free after one year of holding. If the tax simplicity broker does not already sell it tax-free himself, a refund can easily be made via Annex K in the tax return. I have already tried and confirmed both methods.
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