Retail Investors Buy the Dip as Royal Mint Reports Strong Demand for Digital Gold and Silver
July 29, 2026 – Kitco News
After a long decline, the market dropped deep. Precious metals fell into a bear phase. Now, retail investors return. The Royal Mint report shows strong demand for digital gold and silver.
Rising Interest in Digital Gold and Silver
The Mint reported steady interest in physical bullion during the second quarter. Digital products, however, saw a fast rise. Digital gold grew by 14% compared to last year’s quarter. Digital silver climbed by 162% in the same period. Retail investors now buy these digital metals even after a rough selloff for silver.
Silver Prices Show Support but Face Resistance
Since early July, silver stayed near $55 per ounce. Efforts to push past $60 did not hold. Spot silver hit $57.61 on the day, a 1% gain. Still, silver is nearly 53% below its high from January.
Gold Prices Consolidate Amid Market Uncertainty
Gold trades around $4,000 per ounce. The most recent trade was $4,039.20, a small gain for the day. Yet, prices remain more than 28% lower than their early-year highs. In the UK, gold was priced at £3,000.40 per ounce. Buyers surged when prices dropped under £3,000. • Gold bought online was 29% above the quarter’s daily average.
• Gold sales fell by 29%.
• In one day, purchases topped sales five times over.
Retail Investors Return as Prices Find a Floor
The recent sales data point to a return by retail investors. They waited when prices were too high and rushed in when prices fell. Stuart O’Reilly from the Royal Mint said customers acted quickly when gold dropped below £3,000. He sees these metals as a long-term hold.
Challenges and Long-Term Prospects
Gold still meets headwinds from high oil prices. Rising oil costs stir inflation and keep central banks on tight plans. These factors put pressure on metal prices. O’Reilly stays positive for the long run. He notes that central bank buying, global issues, government pressures, and the need for risk spread build a strong base for metals. Early signs show that investors are coming back as these trends reappear.
Conclusion
The Royal Mint report points to a cautious return by investors. Digital gold and silver now capture interest. Retail buyers choose dips to build long-term positions. Despite near-term risks and economic shifts, precious metals hold a steady place in many portfolios.
Neils Christensen is a seasoned financial journalist with over a decade of experience covering economics, commodities, and precious metals markets for Kitco News.
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Disclaimer: This article is for informational purposes only and not investment advice. Readers should do their own research or consult a financial advisor.
