Degussa Goldhandel accepted as new member of prestigious London Bullion Market Association

Frankfurt, 10 October 2013 – With immediate effect, Degussa Goldhandel GmbH has been accepted as Associate of the London Bullion Market Association (LBMA). Accordingly, Degussa now holds membership in all major precious metals industry associations: LBMA, International Precious Metals Institute (IPMI), German Precious Metals Professional Association (Fachvereinigung Edelmetalle), German Numismatic Association (Berufsverband des Deutschen Münzenfachhandels) as well as further foreign numismatic associations.

“By the acceptance of the LBMA, only two years after the start of its business operations, Degussa Goldhandel GmbH is now represented in all major associations and bodies of the international precious metals trade”, explains Degussa CEO Wolfgang Wrzesniok-Rossbach. “We are pleased to have quickly achieved a national and international reputation, which made this rapid acceptance possible.”

Wrzesniok-Rossbach perceives the LBMA associateship as well as the existing LBMA Good-Delivery-Status of the main suppliers of Degussa as a strong signal to the precious metals trading house”s customers: “Our company stands for highest competence and transparency in buying and selling of precious metals. By collaborating with worldwide leading bullion manufacturers, who themselves comply with the Good-Delivery-Status of the LBMA, we are able to guarantee highest quality of our products.” The worldwide recognized Degussa gold bars are offered from one gram up to one kilogram, they have also categorically the highest fineness of 999.9 / 1,000.

The London Bullion Market Association coordinates the trading on London’s precious metals market and sets worldwide accepted standards for trading gold and silver. London has traditionally been the most important over-the-counter trading hub for precious metals. Member companies of the LBMA are refineries, processors, large international banks, mining companies and distributors around the world. Besides three precious metals processing companies, Degussa is the only trading house for investment metals among the four German associate members of the LBMA.

About Degussa Goldhandel (Gold trading)
For approximately 140 years, the brand name Degussa has been the synonym for quality and reliability in the field of precious metals. Degussa Goldhandel GmbH has been active in the precious metals market since 2011. The head office of the company is located in Frankfurt am Main. Moreover, there are branch offices in Stuttgart, Munich (2), Frankfurt, Cologne, Hamburg, Berlin and Zurich. The comprehensive portfolio of Degussa is completed with an on-line shop that is available to customers round-the-clock (24 hours a day, 7 days a week).

Products and Services:
Apart from its precious metal bars made of gold, silver, platinum, palladium and rhodium with the popular diamond-shaped Sun / Moon logo that are acclaimed worldwide, Degussa also offers a wide range of bullion coins.

Top-class experts are also available to customers in the field of numismatics for the assessment as well as sale and purchase of historical coins ranging from antiques to those of recent times.

Purchase of scrap precious metals:
Jewelry no longer being used, silverware, damaged precious metal bars and coins as well as even industrially utilized precious metal products are purchased at reasonable prices and recycled.

Degussa Goldhandel GmbH
Julia Kramer
Kettenhofweg 29
60325 Frankfurt am Main
+49 69 860068-285

fr financial relations gmbh
Jörn Gleisner
Louisenstr. 97
61348 Bad Homburg
+49 6172 27159-0