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Gold by Gold: 2026 Half-Year Results and Launch of Gold Reserves
In the first half of 2026, Gold by Gold recorded a 29% increase in revenue, reaching €17.2 million, with 144 kg of gold traded. However, the gross margin decreased due to the drop in gold prices, settling at €301,000 compared to €762,000 the previous year. The net result was close to break-even, at -€87,000.
The company has launched a new division, Gold Reserves, adopting a strategy focused on the responsible accumulation of physical gold. The first reserves, totaling 10.5 kg of gold, have been acquired. With a capital increase of €1.5 million, Gold by Gold strengthens its financial position, now boasting €5.4 million in equity and repaying its debts. The company aims to develop its trading activities and pursue the responsible accumulation of physical gold over the long term.
R. H.
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