Skip to main content

Brexit boosts bullion

  • Author:
  • Publish date:

The day Britons were deciding whether to Brexit, the country’s Royal Mint experienced a marked spike in its bullion trading.

RoyalMintSigGold

The Director of Bullion, Chris Howard, commented that on the day of the vote visits to the Royal Mint’s bullion trading platform, www.royalmintbullion.com, recorded an increase by 550 percent compared with the day before. The opening of new accounts increased by almost 200 percent over the same period.

Among the mint’s products its Signature Gold bullion service proved particularly popular. This service allows investors to benefit from economies of scale by purchasing fractions of large gold bars from as little as £20.

This article was originally printed in World Coin News.
>> Subscribe today or get your >> Digital Subscription

More Collecting Resources

• Purchase your copy of The Essential Guide to Investing in Precious Metals today to get started on making all the right investing decisions.

• Check out the newly updated Standard Catalog of World Coins, 2000-Date that provides accurate identification, listing and pricing information for the latest coin releases.

Related Articles

umicore precious metals bars
News

Bullion rally gives welcome boost to coin prices

By Richard Giedroyc
The Brexit commemorative coins struck for the Cook Islands by CIT. From left: silver $1, gold $5 and gold $20. (Images courtesy Coin Invest Trust.)
News

Silver, gold mark historic Brexit

By NMN
gold170
News

Bullion buying not affected by change

Bullion buyers were made a little skittish by a recent Internet article that was widely misinterpreted. Pending implementation of new rules written under the ‘‘Dodd-Frank Wall Street Reform and Consumer Protection Act” of 2010 has caused some concern among sellers of gold, silver, platinum, palladium and other precious metals that are regulated by the Commodity Futures Trading Commission and offer deferred delivery to purchasers.

By NMN
Another portrait of Martha Washington was used for quarter test strikes. This one is nickel-plated steel, which also had areas that did not strike up properly.
News

Steel gets modest boost

By Dave Harper
bullion170
News

Bullion shakeout sparks some worries

This morning I arose to another weak day in gold. That was disheartening until I found that we are $10 an ounce higher than last week. So currently we have gold up just under 1 percent and silver down 1.5 percent with platinum losing nearly 3 percent to put the ratio versus gold underwater again.

By NMN
image001
News

Best bullion tax tips for savvy investors

By NMN
Physical demand for gold was high throughout 2015 and will only grow in 2016.
News

No Fed hike boosts gold

By Pat Heller
ClassOf630711
News

Reassess your coins for cash boost

By Dave Harper
Gold demand in India and China has been strong for several months now, as buyers jump at the opportunity to purchase at what are perceived to be bargain prices.
News

Bullion moves up on fears

By Pat Heller