Physical gold store Sharps Pixley has seen a 253 percent increase in physical gold sales year on year in March 2018.
Sales at the gold showroom were over £9 million during March 2018, up from £2.5 million a year earlier. The high levels of gold sales was a record for the store which opened in January 2016 and was roughly double its previous best month.
Commenting about the high levels of interest in gold, Sharps Pixley's chief executive Ross Norman said: "Gold has a record as a long term wealth preserver for over 4,000 years and never more so than during periods of turmoil".
Sharps Pixley is a London-based provider of physical precious metals with a showroom in St James’s and an online web shop.