Royal Mint, Bullion trend in gold demands
Chris Howard, director of Bullion at The Royal Mint, said:
“As we head towards the European Referendum vote this week, our royalmintbullion.com trading platform has seen a significant upsurge in traffic with a 32% increase in transactions compared to the same period the previous month.
“This recent uplift in traffic has also helped drive an increase in revenue with nearly 150% rise on the previous month. Overall since early 2016, demand for precious metals has risen particularly with gold – our Sovereign and Britannia bullion coins and Signature Gold bars offering have all performed well this year and continue to be an attractive proposition to the investor.
“Whilst we are uncertain at this stage on what impact the results of both the European Referendum vote and the US elections will have on the gold market, we have ensured that with The Royal Mint’s trading platform and our significant gold holding, we are prepared for possible market turbulence.”