Recession fears prompted investors to turn to gold, and one company reported its highest numbers in ten months.
Previously, stock markets worldwide had fallen and there were fears of a recession in the USA.
In the seven days to August 12, BullionVault recorded £7.2 million worth of trades.
Adrian Ash, head of research at BullionVault, said: “While retail investors remain cautious at these historically high prices, last week’s small dip amid sudden volatility in financial markets shows that there is pent-up demand ready to take advantage of any dips in what is proving to be a long-term strong bull market.”
The holdings were the highest recorded by BullionVault since October 2023.
The amount purchased by investors in the seven-day period corresponds to 118 kilograms of gold.
In comparison, the average weekly discharge in 2024 was 77 kg.
In July, another gold investment company said it had observed a 43 percent increase in the number of people investing in gold in the run-up to the UK general election.
The reason given was concern that the new British Labour government could introduce changes to capital gains tax, inheritance tax and pensions.
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