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April Gold News 2021


10 kilo ‘Masterwork’ the largest coin ever produced by The Royal Mint

10 kilo ‘Masterwork’ the largest coin ever produced by The Royal Mint

The Royal Mint has unveiled a stunning 10 kilo gold coin, the largest ever to be produced by the historic UK mint. With a face value of £10,000 and limited to just one coin, it is sure to be one for the history books.

The coin is referred to as a ‘Masterwork’, a new series of coins produced in larger sizes and representing the very best craftmanship and technology The Royal Mint has to offer.

Hungary adds 63 tonnes of gold to reserves

Hungary adds 63 tonnes of gold to reserves

Hungary's central bank, the Magyar Nemzeti Bank (MNB), has announced the purchase of 63 tonnes of Good Delivery gold bars. In a press statement issued yesterday, the bank revealed it had acquired 5,040 bars weighing 400 ounces each, taking the nation's holdings from 31.5 tonnes to 94.5 tonnes.

Based on last month's fix prices, the average for the month was approximately $1,720 per ounce of gold. Multiplied by the 2,016,000 ounces purchased, the price paid by Hungary is in the region of $3.484 billion.

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