Jump in investors turning to gold amid wider market uncertainties

Younger adults in particular have increased their volume of gold purchases, according to the Royal Mint.

Vicky Shaw
Tuesday 04 April 2023 19:25 BST
The Royal Mint said it saw a 230% week-on-week jump in sales of gold investments in the week starting March 13 (Royal Mint/PA)
The Royal Mint said it saw a 230% week-on-week jump in sales of gold investments in the week starting March 13 (Royal Mint/PA) (PA Media)

A jump in gold investments has been recorded by the Royal Mint, amid wider market uncertainties.

The Mint saw a 26% annual jump in the volume of gold investments made last year, with younger adults driving the uplift.

Gold bar investments in particular increased last year, with sales rising by 33.5%, the Mint said.

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