Welsh Institution The Royal Mint Breaks Trading Records During Global Bullion Boom
The Royal Mint, headquartered in Llantrisant, Wales, is experiencing unprecedented demand for its gold and silver bullion products, marking a historic moment for the institution and highlighting Wales’ central role in global precious metals markets.
Driven by a powerful rally in gold and silver prices, The Royal Mint has reported its strongest single day of e-commerce trading on record and is on track for a record-breaking month across its direct-to-consumer business. The institution’s latest figures indicate that daily gold ounce sales are up 69% on the previous month and more than double the daily average for the year to date.
Nicola Mitchell, Chief Commercial Officer at The Royal Mint, commented:
“We are seeing an historic moment in the precious metals market. At The Royal Mint, we have witnessed our strongest single day of e-commerce trading on record so far, reflecting unprecedented investor appetite for precious metals.
The pricing surge has translated into exceptional individual transactions, including our largest combined purchase of gold and silver coins worth over £50 million.
These market conditions reflect broader economic uncertainties and the enduring appeal of gold as a hedge against inflation. As we continue to see institutional and retail investors alike turn to precious metals, The Royal Mint remains committed to meeting this exceptional demand.”
Recent articles from the Financial Times and Bloomberg further underline this phenomenon, detailing how central banks, institutional investors, and retail buyers worldwide are fuelling the surge. The Royal Mint has been at the centre of this trend, working around the clock to fulfil customer orders, mint additional coins, and manage delivery expectations, especially for silver products.
Key Highlights from The Royal Mint:
- Direct-to-consumer business on track for a record trading month
- Several unprecedented individual transactions, including a £50 million combined order
- Daily gold ounce sales up 69% on the previous month
- Additional gold coins minted to meet rising demand
- Efforts underway to replenish silver inventories amid exceptional international and UK demand
This surge not only underscores investor concerns over inflation and economic stability but also places a global spotlight on The Royal Mint’s role as a trusted supplier of precious metal products. It further reinforces the strategic importance of fintech and bullion services based in Wales.