FRANKFURT, March 30 (Reuters) – The German government is cutting the amount of silver in two of its limited edition euro collector coins as prices \u200bof the precious metal gyrate and it seeks to cut down \u200con speculation, the country’s finance ministry said on Monday.<\/p>\n
Silver prices, while off their highs, have surged over the past year as investors feared missing out on a rally sparked by geopolitical risks \u200band trade tensions. The metal saw several waves of active retail demand \u200bfor silver bars and coins.<\/p>\n
The move in Germany will affect 35- and \u206050-euro coins, with a reduction in the amount of silver and an increase in \u200bthe amount of copper. Both coins will weigh slightly less as a result.<\/p>\n
The finance \u200bministry said in a statement posted to social media that it was making the adjustment due to sharp fluctuations in silver prices.<\/p>\n
“It is intended to prevent the coins from becoming the subject \u200bof speculation regarding precious metal price trends or from their issuance becoming impermissible \u200bfor budgetary reasons,” the ministry said.<\/p>\n
The coins celebrate special occasions and are not for everyday use. \u200cNext year’s \u206035-euro coin will honour the 150th birthday of German author Hermann Hesse.<\/p>\n
Silver, both precious and industrial metal, has been volatile after retail-investor and momentum-driven buying, combined with tightness in the physical market, pushed its price up by 147% in 2025. The metal , used \u200bin jewellery, electronics and \u200bsolar panels as \u2060well as for investment, hit an all-time high of $121.6 per troy ounce on January 29 before slumping as technical selling and \u200bstop-loss triggers set off a snowball effect. It was last \u200bat $71 on \u2060Monday.<\/p>\n
The Iran war over the last month has put downward pressure on the prices of silver, gold and other precious metals. Investors fear a boost in inflation as they \u2060curb their \u200bbets on interest rate cuts and the outlook \u200bfor global growth.<\/p>\n
Germany’s 35-euro collector coin will now contain 46% less silver. The weight will drop to 17 \u200bgrams from 18 grams.<\/p>\n
Reporting by Tom Sims and Polina Devitt Editing by Keith Weir<\/p>\n
Disclaimer:\u00a0The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and\/ or damages arising from the use of this publication.<\/p>\n","protected":false},"excerpt":{"rendered":"FRANKFURT, March 30 (Reuters) – The German government is cutting the amount of silver in two of its…\n","protected":false},"author":2,"featured_media":634,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[580,568,572,574,567,577,570,569,571,5,578,558,579,7,557,581,564,582,566,561,562,560,563,358,565,576,583,559,575,573],"class_list":{"0":"post-633","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-bank-forecasts","9":"tag-bitcoin-news","10":"tag-central-banks","11":"tag-charts","12":"tag-crypto-news","13":"tag-currency","14":"tag-economic-reports","15":"tag-ethereum-news","16":"tag-forecasts","17":"tag-germany","18":"tag-global-economy","19":"tag-gold","20":"tag-international-policy","21":"tag-interviews","22":"tag-kitco-news","23":"tag-market-nugget","24":"tag-metals","25":"tag-mining-minutes","26":"tag-mining-news","27":"tag-palladium","28":"tag-pgm","29":"tag-platinum","30":"tag-platinum-group-metals","31":"tag-politics","32":"tag-precious-metals","33":"tag-rare-earth-metals","34":"tag-roundups","35":"tag-silver","36":"tag-tech-metals","37":"tag-us-dollar"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=633"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/634"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}