Savvy Britons are cashing in on the boom in gold prices by selling the precious metal to the Royal Mint for a profit. Raising the bar: The price of gold bullion, including bars like these, has risen to a record highThese customers are selling the Mint gold bullion - physical gold, such as bars, coins and ingots. Rule Britannia: The Britannia 1oz gold bullion coin is a firm favourite among collectors, many of whom are now selling these £1,977 coins to the Royal Mint to cash in on higher gold pricesHow much can I make from selling gold to Royal Mint? Because the gold price is always changing, the amount of profit you can make from selling gold is always in flux too. 'Cheaper' option: Many customers are turning to lower-cost 1g bars of gold from the Royal Mint, which cost £89.50 and are the cheapest gold bullion available for purchaseHow much does Royal Mint make from selling gold?

Source: Daily Mail May 03, 2024 10:51 UTC