Listed companies specializing in the sale of investment gold have the best year in history. The interest of Poles in the bullion translated into an increase in their record revenues and generated profits.

The Mint of Poland, listed on the WSE main market, states in its report that 2021 was a record year both in terms of the number of transactions and the revenues. It is worth adding that the increases of tens per cent took place after very profitable 2020, due to the COVID-19 pandemic that strongly influenced the popularity of investing in safe assets.

For the first time in the company’s history, sales revenues for the entire year amounted to over PLN 1.3 billion and were higher than in the previous year by over PLN 365 million (+ 38.7% y / y). The mint segment alone accounts for PLN 977 million of revenues, or 55% y / y. For the entire year, the Mint of Poland’s result was approximately 20% higher but in the last quarter, the profit increased by nearly 75%.

The situation was similar to the Treasure Mint listed on NewConnect. According to the latest report, its revenues amounted to over PLN 1.1 billion and were twice as high as in 2020. With regard to Treasure Mint, the net profit for the whole year was higher by 26.7%, and in the fourth quarter by 153%.

Throughout 2021, the Mint of Poland sold 3.1 tons of gold to customers, by 72% more y / y. The Treasure Mint sold an even larger amount of 4.5 tons, i.e. 114% more than in the previous year. The growth dynamics is accelerating all the time because in 2020 the company sold 2.13 tons of gold, i.e. 85% more than 2019 (1.51 t).

Clients interested in gold are also eager to buy bullion coins due to the fact that they reach almost 100% gold content. Since 1995, the National Bank of Poland has been issuing a series of the golden White-tailed Eagle, but investors can buy foreign coins, including the most famous Krugerrands from South Africa, the Canadian Maple Leaves or the Austrian Vienna Philharmonic Compositors.

According to the data of the Treasury Mint, last year the most popular were the Canadian Maple Leaf, Australian Kangaroo and Krugerrand, which recorded an increase in sales compared to 2020 at the level of 89% and 95% and 117%, respectively. The coin of the Vienna Philharmonic Compositors was the most popular, increasing its sales by 223%.

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