Royal Mint in Wales Reports Strongest-Ever Demand for Gold and Digital Metals

The Royal Mint, headquartered in Wales, has reported record-breaking growth in its bullion sales, as UK investors increasingly turn to tax-efficient precious metal investments. According to the latest figures, gold bullion sales—including coins, bars, and digital gold—rose 153% year-on-year in the fourth quarter of 2024.

Surging Demand for Gold and Digital Metals

The Royal Mint’s latest data reveals a strong preference for CGT-exempt bullion coins, with sales reaching an all-time high. Between October and December 2024, revenues from gold bullion coin sales surged 206% compared to the same period in 2023. Overall, revenues from gold bullion coin sales through The Royal Mint’s website increased 49% over the course of the year.

Digital precious metals have also seen significant growth, driven by investor appetite for tax-efficient assets. Sales of The Royal Mint’s VAT-free Digital Silver product rose by an astonishing 848% year-on-year in Q4, while VAT-free Digital Platinum sales increased 194%. Meanwhile, the total weight of platinum sold in Q4 was 117% higher than in the previous quarter, demonstrating a broader interest in precious metal diversification.

Economic Uncertainty Driving Safe-Haven Investments

The report highlights that throughout 2024, gold prices increased 28% in GBP (27% in USD), while silver rose 23% in GBP (22% in USD). This price momentum, combined with ongoing geopolitical tensions and falling interest rates, has fuelled investor demand for precious metals.

“A combination of economic uncertainty and geopolitical volatility have led gold prices to hit multiple all-time highs in 2024. At a time when interest rates are gradually subsiding, investors have been drawn in by the capital growth gold has delivered as an asset class, and the protections safe-haven assets provide.”

— Stuart O’Reilly, Market Insights Manager at The Royal Mint

Wales as a Hub for Fintech & Investment Innovation

The success of The Royal Mint’s digital investment products reinforces Wales’ position as a growing hub for fintech innovation. By offering VAT-free Digital Metals, The Royal Mint is providing investors with easier access to tax-efficient, digitally managed precious metal investments.

With fintech thriving in Wales, The Royal Mint’s continued growth highlights the country’s increasing influence in both traditional and digital finance. The surge in demand for bullion coins and digital precious metals not only reflects investor sentiment but also showcases how technology is reshaping access to alternative assets.

For more details, visit The Royal Mint.