The Royal Mint reports impressive precious metals sales from international investors in Q1

IFAMagazine/Rebecca Tomes/7-14-2022

photo of an ElizabethI gold sovereign 1560-1600 AD

“The Royal Mint has reported impressive precious metals sales so far this financial year. Looking back at the quarter, The Royal Mint saw growth on all three metals, with an 8% growth in gold ounces sold, a 47% growth in silver ounces sold, and an 81% increase in platinum ounces sold. These figures combine sales direct from The Royal Mint to customers, and sales to trade partners globally.”

USAGOLD note: The price might be down but demand continues to run at high levels. The Royal Mint reports US demand as particularly strong.
Image: British gold sovereign, Elizabeth 1, 1583-1600. Click to enlarge.

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