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Gold demand: this is the biggest story of the decade says the Perth Mint
As the Perth Mint saw record sales last year of gold coins, fueled by strong retail demand from Germany, but the big buyers of physical gold to emerge over the last decade remain central banks, this according to Jerry Hicks, sales and business development manager of the Perth Mint.
“Certainly, the big story over the last decade has been central bank buying of gold. For the 10th year in a row, central banks have been net buyers, and I think a lot of private investors are saying if central banks are buying gold, shouldn’t we also doing the same?” Hicks told Kitco News. (show less)
As the Perth Mint saw record sales last year of gold coins, fueled by strong retail demand from Germany, but the big buyers of physical gold to emerge over the last decade remain central banks, this according to Jerry Hicks, sales and business development manager of the Perth Mint.
“Certainly, the big story over the last decade has been central bank buying of gold. For the 10th year in a row, central banks have been net buyers, and I think a lot of private ... (read more)
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