50% rise in demand for gold across the UK amid global uncertainties - London Business News | Londonlovesbusiness.com
Briefly

Gold Bank, a major gold retailer in the UK, has observed a significant increase of over 50% in customer gold purchases from July 2024 to June 2025. This growth is attributed to rising gold prices and ongoing global conflicts that drive safe-haven demand. The Israel-Iran crisis notably impacted investment behaviors, reinforcing the tendency of consumers to turn to gold during uncertain times. Faisel Ali, the company's founder, stresses that geopolitical tensions heavily influence market fluctuations, and rapid environmental changes necessitate swift financial decision-making.
Gold Bank has experienced over a 50% increase in gold purchases from customers in the past year, highlighting a surge in consumer interest.
Gold remains a preferred investment as prices stay high, influenced by global conflicts and political instability.
Faisel Ali emphasizes the rapid changes in the global economy, urging individuals to make timely financial decisions for future protection.
Gold prices have remained firm due to geopolitical tensions, particularly in the Middle East, affecting market trends and consumer behavior.
Read at London Business News | Londonlovesbusiness.com
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