SUBSCRIBERS

Eurozone worries spark leap in gold sales

Dealer Degussa says Germany's gold coin sales soar 35% year on year in January

Published Fri, Feb 13, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    London

    PHYSICAL gold sales in Europe jumped in January, dealers said, as concerns over the eurozone's outlook sparked by central bank action and anti-bailout party Syriza's victory in Greek elections drove consumers to load up on bullion.

    Financial markets were roiled last month after the European Central Bank unveiled a new plan to pump billions of euros into the economy, the Swiss National Bank cut the franc's peg to the single currency, and Syriza won a snap election in Athens.

    Copyright SPH Media. All rights reserved.