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Atkinsons Bullion & Coins

The gold price climbed last week, hitting highs unseen for around four months, and looks to be on track for further gains. Supported by a weaker US Dollar and inflation pressures, a slide in Bitcoin also appears to have given precious metals a boost.

The last eighteen months or so has been a busy time for the global precious metals market, as investors have flocked to gold and silver like never before. Last Thursday, The Royal Mint reported a huge increase in the sale of silver coins and bars compared to last year, and demand does not appear to be slowing.

Gold and silver prices saw strong gains at the end of last week, with gold posting its biggest weekly increase since November, breaking over $1,800. In this blog we will look at the reasons for the rise in precious metals, and whether this will continue.

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