Treasury Mint forecasts record gold sales in 2023

Gold is on the rise in 2023 and in the first week of the new year alone, its price jumped more than 2% against the U.S. dollar. The geopolitical crisis and globally rising inflation prompted investors to turn to safe assets. In March 2022, gold prices hit $2,000 per ounce, and some analysts expect the prices to return to this level in 2023, Treasury Mint said.

In 2015 Poles bought about 5 tonnes of investment gold, while in 2022 sales are expected at 17-18 tonnes. Last year, Australian Gold Nuggets, Gold Maple Leaf Coins, Krugerrand, and 10-gram gold bars were especially popular among Poles. 

President of Treasury Mint Jarosław Żołędowski forecasts that in 2023 Poland will break another gold sales record among individual customers. Gold sales in Poland will be supported by the rising popularity of the precious metal among citizens in the last 2-3 years and economic uncertainty.