Page 8 - Bullion World Volume 02 Issue 02 June 2022_Neat

Bullion World | Volume 2 | Issue 02 | June 2022

Mounting Recessionary Signal

helps to Underpin Gold's

Investment Demand

Comment on the demand for
Gold/Silver bars and coins of
ABC in the calendar year 2021
and the first quarter of 2022.
In the first quarter of 2022, demand
surged for cast, minted and coins
in gold and silver. This was driven
by investors who were and continue
to be concerned about the Russian
invasion of Ukraine, and rising
inflation.

We also observed that bar and
coin investment maintained good
momentum, as global high inflation
readings kept investors focused on
gold’s role as an inflation hedge and
wealth-protection asset. Interest
in gold bars and coins was almost
entirely one-way, with selling-back
activity very limited in the 2021
Ms Janie Simpson
Managing Director, ABC Bullion

8