Digital Silver Sales Soar 162% at British Royal Mint Amid Precious Metals Revival

Investment demand for precious metals is recovering, with the British Royal Mint reporting a significant increase in digital silver sales. In the second quarter, digital silver sales surged by 162% year-on-year, while physical silver purchases rose by 85%. The uptick in gold buying also followed, as prices dipped below £3,000 an ounce.

The rebound in investment demand comes despite ongoing inflation and energy crisis pressures that have kept gold prices subdued. Investors are returning to precious metals as a long-term strategic asset amid geopolitical and economic uncertainties.