Lohnt sich Geldinvestition in Gold?

Very long-term thought – yes.

Example: we bought money >10 years ago at approx. 1,200 and now we are somewhere at 1,800 – so: it has kept its value or increased.

But-1: Of course, you have weak phases in between. You can’t get nervous. This would also be the case with funds / ETF / ETC / shares.

But-2: no payouts / dividends,

But: tax-free if it is kept longer than X.

A bit is fine, what’s more is mean. I think a small part in the depot can be used by everyone.