Latest news and stories about gold in Portugal for expats and residents.
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The Portuguese Assay Office certified 4.6 million pieces in 2025, an increase of 2.5% compared to the previous year, despite activity being affected by the rise in gold and silver prices, said Director General Francisco Bastos.
As a standalone investment, gold appears to combine the worst of both worlds: it delivers the low returns of bonds and the high risk of equities.
Commercial gold once again hit a record price per ounce (28.34 grams) today, rising to US$4,887.19 (around €4,200) at 06:31, as investors favoured the precious metal amid global instability.
Gold is traditionally a safe-haven asset against inflation, rising deficits, geopolitical tensions and general economic concerns. In a logic similar to 'stashing it under the mattress', investors buy tangible assets, including gold, when they are worried.
