Record levels of bullion buying as gold fever grips London | Metals Mine

  • Record levels of bullion buying as gold fever grips London

    From thearmchairtrader.com

    A surge in precious metals prices at the start of the week triggered record trading activity on BullionVault, the world’s largest online marketplace for physical gold and silver, underlining how rapidly investors are rotating towards safe-haven assets as market uncertainty deepens. On Monday, as gold vaulted to $5,000 an ounce and silver touched $100, BullionVault users traded a combined £73.2m of bullion in just 24 hours, the highest daily value in the platform’s history. The total smashed the previous record set on 11 August 2020, during the depths of the first Covid-19 lockdowns, when demand for physical ... (full story)

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