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BullionByPost is a trading name of Jewellery Quarter Bullion Limited. [2] In 2016 BullionByPost was described as Britain's biggest online gold dealer. At one point it had £5.6 million of sales in one day, beating its previous record (in 2014) of £4.4 million.
Chard (1964) Ltd, operating as Chard Coin and Bullion Dealer, is a long-standing coin and bullion dealer based in Blackpool, UK. Its coins range from ancient to modern-day issues. Originally a numismatic company, it grew into the bullion market, offering gold, silver, platinum and palladium products to an international customer base.
In 2000 Baird & Co. gained entry to the London Bullion Market Association (LBMA) and remains a full member. [10] Between 2011 and 2013 Baird & Co. ranked in the Sunday Times Fast Track 100, Top Track 250 and Profit Track 100 league tables of the fastest-growing private companies in the UK [11] [12] [13] and also featured in the Real Business ...
The gold reserve of the United Kingdom is the amount of gold kept by Bank of England as a store of value of part of the United Kingdom's wealth. Leftover from the Gold Standard which the country abandoned in 1931, it is the 17th largest central bank reserve in the world with 310.29 tonnes of gold bars .
The total quantity of unallocated gold is estimated to be 15,000 tonnes at the end of 2008 [6] which supports the 2,134 tonnes on average of spot gold trade through London every day representing 14.2% of the pool. This compares to average daily turnover in UK equities of between 0.34% and 0.63% for the 12 months ending September 2009. [6]
The UK government's intention to sell gold and reinvest the proceeds in foreign currency deposits, including euros, was announced on 7 May 1999, when the price of gold stood at US$282.40 per ounce [9] (cf. the price in 1980: $850/oz [10]) The official stated reason for this sale was to diversify the assets of the UK's reserves away from gold, which was deemed to be too volatile.
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