Although gold and silver prices are still in a state of fluctuation as fears of inflation make investor sentiment somewhat more cautious, demand for precious metals still shows great attraction. This is reflected in the latest report by Royal Mint - British Royal Mint with a record demand in the early year.
In a statement released on Tuesday, Royal Mint said it had just closed the most vibrant fiscal year in history when the number of online precious metal transactions reached an unprecedented high.
Although not disclosing specific gold sales figures, this unit said that the sales of CGT-exempt bullion gold bars increased by 94% compared to the same period last year. Meanwhile, silver bar sales recorded a breakthrough increase of 1,000%.
Royal Mint said silver is the most prominent metal in the period from January to March this year. Besides the trend of diversifying investment portfolios, many investors also take advantage of the period of strong price increases to take profits.
The value of silver resold by investors to Royal Mint has skyrocketed by 3,300%.
Despite the strong market volatility, investor sentiment still maintains a clear positive trend. Customers have bought twice as much silver as sold, showing strong confidence in the long-term outlook of this metal," Royal Mint said.
Overall activity, trading volume on the royalmint.com platform increased by 130% compared to the same period last fiscal year and reached the highest level ever.
Mr. Stuart O'Reilly - personal asset advice expert at Royal Mint said that figures in the past fiscal year show that investment thinking is changing significantly.
Precious metals are increasingly seen as an important defense against inflation and the risk of volatility in the stock market. That belief is driving the number of new and existing customers coming to Royal Mint at a record level," he said.
According to Mr. O'Reilly, although the upward momentum of precious metals has slowed since the end of the first quarter, this has not significantly affected investor sentiment.
The recent price adjustment mainly reflects short-term interest rate expectations. However, our customers are looking at longer-term prospects. They are continuing to diversify assets to precious metals to hedge against inflation and the risk of stock market correction, while taking advantage of tax benefits from CGT tax-free gold coins in the UK," he said.
In the entire fiscal year 2025-26, the number of customers buying and selling precious metals on the royalmint.com platform increased by 49%.
Notably, about 60% of customers in the past year were completely new to Royal Mint. Q4 alone recorded the highest number of new customers in the history of this unit's operation.
Royal Mint also said that demand for digital gold and silver products continues to increase sharply. DigiGold product - Royal Mint's VAT-free digital precious metal platform currently accounts for 54% of total transactions on the system.
