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Gold demand hits record high amid global turbulence, Royal Mint says
By Melissa Lawford
The Telegraph, London
via Yahoo News, Sunnyvale, California
Wednesday, January 3, 2024
Investors flocked to gold in record numbers in 2023 as global economic turbulence triggered a flight to safety, according to the Royal Mint.
The number of people buying gold and precious metal bars and coins jumped by 7% year-on-year, surpassing the highs of the 2020 lockdown investing boom.
... Dispatch continues below ...
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The British coin maker said this was due to a jump in small-scale retail investors buying "safe haven" assets.
At the same time, The Royal Mint's total payouts to customers selling back their bullion surged by nearly half after gold prices hit an all-time high last year. ...
... For the remainder of the report:
https://finance.yahoo.com/news/gold-demand-hits-record-high-171327102.html
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