• The Royal Mint closed its busiest ever financial year as online precious metals transactions reached an all-time high.
• CGT-exempt bullion coin sales up 94% year-on-year, while sales of silver surged over 1,000% compared to the previous quarter.
• The total number of purchasing customers reached a new record in Q4, up 80% compared to the same quarter in the previous year.

The Royal Mint has reported another record quarter across almost all metrics for its Precious Metals Investments business online, capping a record financial year in its entirety.

Transaction volumes on royalmint.com reached an all-time high in Q4 (January – March), up 130% compared to the same quarter of the previous financial year, as investors increasingly turned to precious metals as a hedge against inflation and the prospect of a stock market correction. The surge in activity reflected growing investor confidence in precious metals as a long-term store of value, with gold breaking £4,000 ($5,000) per ounce for the first time in history.

DigiGold, The Royal Mint's VAT-free digital precious metals range, accounted for 54% of all transactions, with notable spikes in activity at the end of January and March as gold prices dropped and investors moved swiftly to capitalise.

The standout story of the quarter, however, was silver. Sales surged over 1,000% compared to Q4 24/25, while the value of silver sold back to The Royal Mint rose an extraordinary 3,300% over the same period, reflecting the dramatic price swings that saw silver climb 65% to above $100 in January before retracing below $70. Despite this volatility, investor sentiment remained firmly bullish: customers purchased two ounces of silver for every ounce sold back, signalling strong conviction in the metal's longer-term trajectory.

Capital Gains Tax-exempt bullion coins also saw record demand, with sales up 94% year-on-year (25/26 versus 24/25), as investors continued to prioritise tax-efficient vehicles for their precious metals allocations.

Stuart O'Reilly, Private Wealth Consultant at The Royal Mint, commented: "The figures for the last financial year show a fundamental shift in how investors are thinking about their portfolios. Precious metals are increasingly being seen as an essential hedge against inflation and potential stock market volatility, and that conviction is driving record numbers of new and existing customers to The Royal Mint.

"Momentum continued strongly into Q4, with gold surging above £4,000 ($5,000) for the first time ever - a genuinely historic milestone that has captured widespread attention. But while the recent retracement in prices appears to be a result of short-term interest rate expectations, our customers are taking a longer-term view. They're diversifying into precious metals as a hedge against inflation and a potential stock market correction, and many are doing so in a tax-efficient way through CGT-exempt UK bullion coins.

"The scale of silver's moves this quarter might have deterred some investors, but our data tells a different story. Customers bought twice as much silver as they sold back, which tells you that confidence in the metal's fundamentals remains very much intact."

The growth in transaction volumes was matched by expansion in The Royal Mint's customer base. The total number of purchasing customers reached a new record in Q4, up 80% compared to the same quarter in the previous year.

Across the full financial year 25/26, the number of customers buying and selling bullion via royalmint.com rose 49% compared to 24/25. 60% of all customers during the year were entirely new to The Royal Mint, with more new customers acquired in Q4 alone than in any previous quarter in the Precious Metals Investments business history.