Britons are buying up gold bullion coins instead of gold bars, the Royal Mint says, as prices spike and customers look to avoid rumoured rises to capital gains tax. Sales of bullion coins from The Royal Mint rose to a record high in the same period, with revenues up 110 per cent compared to the same period of 2023. The Royal Mint said most of this came from the sale of gold bullion coins. Stuart O'Reilly, of the Royal Mint, said: 'Gold prices have had multiple tailwinds in recent months. Tracking the gold price in this way is no different from holding a passive investment in a stock market index.

Source: Daily Mail October 18, 2024 17:20 UTC