(PRWEB UK) 6 February 2013
Sales of American Eagle Bullion coins soared in January as increased demand for precious metals and the release of the 2013 dated bullion coins attracted aggressive buying.
More American Gold Eagles were sold last month than in any other month of the past two and a half years. Sales of the 22 karat American Eagle totalled 150,000 ounces in January sales, making it the coin’s highest monthly total since July 2010.
Meanwhile, 24 karat American Buffalo gold coins reached 72,000 ounces in its strongest monthly total since October 2009.
A spokesperson for Physical Gold said:
“Gold bullion coins are one of the best ways to invest in gold as they offer liquidity and can be easily split up to cash in for investment. It’s great to see that the American Gold Eagle is doing so well.
“The Gold Eagle is the legal tender gold bullion coin of the US and has been issued since 1986.It is an easy, convenient and affordable gold coin to invest in and offers good liquidity because of its wide circulation. It is a coin we supply and we highly recommend it as one of our gold coin investment choices.”
Physical Gold Ltd is a leading UK gold dealer, helping investors diversify their portfolios with innovative investment solutions. Renowned for their ground breaking products such as the Sipp gold and Gold Accumulation Account, the firm specialise in providing customers with tailored assistance in sourcing the best gold for their personal requirements. Based in London, the team are BNTA accredited and have an unrivalled knowledge of the gold market as well as an exceptional understanding of the general financial markets.