Gold remains popular. In April the gold price peaked at a historical record high around 97,000 euros per kilo. For many private individuals and investors this was a reason to sell their gold. Subsequently, a light price correction in June provided an attractive entry moment for investors, according to CEO Johan de Ruiter of Goudwisselkantoor.
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Over the board, Ruiter sees that both purchasing and the sale of gold and other precious metals – such as silver and platinum – is still increasing sharply. A substantial growth is particularly visible on the sales side.
Silver and gold as an investment product
The sale of investment gold (+33 percent) has risen sharply. The sale of silver is also gaining popularity and increases significantly (+31 percent).
In addition, a striking peak was visible in the sale of precious metals, says De Ruiter. “While this month usually shows a decrease, this year is a trend break. For example, the number of transactions in June was 52 percent higher than in the same month a year ago and even more transactions were noted than in May. An important explanation is that customers saw the temporary correction in the gold price in June as a good entry point.”
Developments vs
According to Expert and CEO De Ruiter, the global demand for gold is still high. This is also because different countries increase their reserves by buying gold. In addition, developments in the United States play a role.
“In contrast to the European Central Bank, the FED – the US Central Bank – decided in June for the fourth consecutive time to leave the interest unchanged. Although the economic figures in the US seem to be stable for the time being, the outlook in the longer term are very uncertain, partly due to the new import rates that the Higher Prices have recently announced as a result of the Higher Efficiency. Ask for gold worldwide, “says De Ruiter.
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“It is also expected that the already enormous American national debt by the so -called Big Beautiful Bill – The radical law that was guided by the congress last week is expected to increase quickly. This allows the course of the dollar to come under further pressure. Many investors regard gold, also because of the geopolitical unrest in Ukraine and the Middle East, therefore as a safe and valuable investment. ”