Gold price reached a new high of over £2,060 an ounce on 16 October, prompting investors to sell gold for profit and invest in tax-saving gold coins. The Royal Mint reported a surge in demand for gold coins, with revenues increasing by 110% in the third quarter of 2024. The rise in gold prices, geopolitical uncertainty, and falling interest rates have contributed to a 20% increase in the gold price in sterling this year, driving investors towards tax-efficient investments like gold coins to protect their gains and reduce tax bills.
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The Biggest Takeaways From Axon Enterprise's Aug. 4 Earnings Report
On August 4, Axon Enterprise (NASDAQ: AXON) released its second-quarter financial report, leading to an 18% increase in its stock price, closing at approximately $745 per share. This rise contributes to a total year-to-date gain of 48% as of August 6. Want More Context? 🔎
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