Munich/Nuremberg/Wiesbaden – Investing in physical precious metals on a monthly basis without having to constantly monitor prices or worry about secure storage—this investment option is very popular among German savings bank customers. A corresponding precious metals savings plan, offered by SOLIT Management GmbH in cooperation with BayernLB, has now reached an investment volume of one billion euros. Deposit volumes have been growing exponentially since 2021, but particularly in 2024 and 2025—driven by sharply rising gold prices, which have made direct investments in precious metals significantly more expensive.
The multi-award-winning SOLIT Precious Metals Account Plan S offers investors the opportunity to build up a private gold and/or silver reserve for their assets. The precious metals are purchased directly in lot-sized, cost-efficient trading units at attractive wholesale rates and stored for customers in insured vaults with high security standards. SOLIT has been offering this exclusive plan exclusively to savings banks for co-distribution since 2018. 185 savings banks in Germany have already added it to their product offerings. The purchase and sale of the precious metals is handled by BayernLB, which guarantees the authenticity of the precious metals purchased through it.
“Reaching the first billion is a true milestone that shows the precious metals savings plan is a hit with savings bank customers. We look forward to continuing our collaboration – and to the next billion,” explained Michael Eubel, Head of BayernLB’s Center of Excellence for Currency and Precious Metals.
“Since the SOLIT Group was founded in 2008, we have pursued our mission of making physical precious metals accessible to as broad an investor audience as possible. Gold and silver savings plans have been part of our DNA ever since. It is both a special pleasure and an incentive for us to have reached this milestone together with our long-standing partner, BayernLB,” adds Robert Vitye, founder and CEO of the SOLIT Group.
About BayernLB
BayernLB has a long tradition in the precious metals business. It has been supplying savings banks with coins and bars from around the world since the 1950s. Constant innovation, a strong focus on service, and a passion for the products have made BayernLB the leading dealer of physical precious metals in Germany.
About the SOLIT Group
The SOLIT Group was founded in 2008 and offers its customers a comprehensive portfolio of physical precious metal investment products, consisting of precious metal savings plans, various storage solutions, and asset-backed investment funds. In addition to the Fachvereinigung Edelmetalle e.V. (FVEM), SOLIT is also a member of the Berufsverband des deutschen Münzenfachhandels e.V. and the London Bullion Market Association (LBMA).
