Gold demand jumps over 300% amid Russia Ukraine border brinkmanship

clock • 2 min read
Gold demand jumps over 300% amid Russia Ukraine border brinkmanship

City of London-based The Pure Gold Company has seen a 326% increase in people investing in physical gold bars and coins this week, compared to the 12-month average, amid concerns that an attack by Russia on Ukraine could be imminent.     Josh Saul, CEO of the gold investment firm, said: "Our clients are all worried about the fallout of an invasion in the east coupled with the worst inflationary conditions we have seen for 40 years. This worry is affecting clients from all backgrounds includ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login