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SHARPS PIXLEY SEES 253% INCREASE IN GOLD SALES IN LONDON AS TENSIONS RUN HIGH

SHARPS PIXLEY SEES 253% INCREASE IN GOLD SALES IN LONDON AS TENSIONS RUN HIGH

PRESS RELEASE : 14:15 BST - 12th April 2018, London.

London's leading physical gold store in St James's has seen a 253% increase in physical gold sales year on year in March 2018 as investors flocked to the safe haven asset, as geopolitical tensions ran high.

Sales at the gold showroom were over £9m ($12.7m) during March 2018, up from £2.5m just 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 CEO 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 has made physical gold visible and accessible to all since it opened its showroom in St James's, with a tight buying and selling spread and by offering clients storage in their own private safe deposit box (costing from £250 per annum) ;  it is now possible for all investors to participate in what continues to be arguably one of the best performing assets of the last 20 years.

Sharps Pixley's strong sales performance stands in contrast to a background of generally lower physical demand in other important regions.

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Notes to Editors :

Sharps Pixley is a leading London-based provider of physical precious metals who put gold on
the High Street for UK investors. Our new showroom in St James’s has secure vault storage and
safe deposit boxes onsite, along with gold assay testing equipment to authenticate your
purchase.

In addition to the new showroom, Sharps Pixley also offers an online web shop where customers
can purchase bullion and which provides an information platform where customers can browse
precious metals news, research and analysis.

Gold is the ultimate asset for diversifying a portfolio and protecting wealth and has significantly
outperformed both the FTSE 100 and UK property since 2000.

Sharps Pixley is wholly owned by Degussa Goldhandel of Germany, said to be the largest seller of
retail gold bars and coins in Europe with 14 bullion stores including Frankfurt, Munich,
Singapore, Zurich, Geneva and Madrid.

For more information, please contact Ross Norman on 0207 871 0532 or [email protected]

Sharps Pixley Ltd
54 St James's Street
London SW1A 1JT

Telephone Number : 0207 871 0532

12 Apr 2018 | Categories: Gold

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Contact us on +442078710532.

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