Royal Mint’s Bullion Sales Increases in January 2017
2017-02-23 Thu
The sale of Royal Mint bullion coins increased by 30 percent in January 2017 due to which they are producing 50 percent more gold bullion coins and bars than last year. The increase in demand was because of the 2016 Brexit result. It also caused an increase in gold and silver prices all over the world. The pricing increased further after Donald Trump was elected as the President of USA as the world anticipates the economic effects of his policies. Companies selling gold and silver bullion will be benefitted amidst this turmoil.In such situations, the general public looks to invest in precious metals, creating an increase in demand. When other markets are facing the music, gold can offer some relief. Company stocks can fluctuate tremendously in unpredictable situations, unlike Gold which is a precious metal that everybody seeks. It is also a metal which is not abundantly found in the world. That’s the reason why, since 2014 the Royal Mint has been issuing several bullion gold coins. It also has introduced an online portal from where gold coins can be ordered online from the comfort of your home.
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