Mennica Skarbowa, Poland’s largest dealer in investment gold and other precious metals, a company listed on the New Connect market of the Warsaw Stock Exchange, is opening a new branch in Częstochowa at 18 Waszyngtona Street. This is the company’s 16th point of sale in the country and the second in the Silesian Province. The expansion of the stationary sales network is a response to the growing interest in gold among Poles, who are buying more and more investment products made of this precious metal, as well as silver and platinum. The company’s management emphasizes that the new facility will not only improve access to physical gold for the region’s residents, but may also translate into increased revenues for the company, especially in view of rising precious metal prices and forecasts indicating the possibility of breaking historical sales records. Currently, the price of gold has already exceeded the historic level of USD 4,000 per ounce, and forecasts indicate that it may reach USD 5,000 in 2026. In the context of the growing gold market, Mennica Skarbowa estimates that Poland may see record sales of investment gold exceeding 20 tons per year for individual investors.
In the first half of this year, Mennica Skarbowa sold over 1.42 tons of gold and 2.8 tons of silver, confirming the continuing high interest in investing in precious metals. Currently, the price of gold has already exceeded USD 4,000 per ounce, and in the last three months alone it has risen by over 20%. On an annual basis, the rate of return is already over 50%. What is more, some analysts predict that the price of this precious metal will reach USD 5,000 per ounce in 2026. The Management Board of Mennica Skarbowa estimates that with such dynamic growth, Poland may witness a historic record – sales exceeding 20 tons of investment gold per year in the individual customer segment.
– Gold prices remain at record levels, and demand for the precious metal remains high among both institutional investors and individual customers. With the current growth dynamics, Poland may witness a historic record – sales exceeding 20 tons of investment gold per year in the individual customer segment. In the face of a changing economic situation and escalating armed conflicts in some regions of the world, gold is gaining importance as a safe and long-term form of investment and capital protection. This continuing uncertainty is conducive to the development of the retail market and means that the growing interest in physical precious metals is prompting us to expand our sales network. The opening of a branch in Częstochowa is a response to these needs. Our goal is not only to increase revenue, but above all to provide our customers with easy and secure access to investment gold throughout the country. Unfortunately, our observations show that with the growth in domestic demand for gold, there are increasingly frequent offers to sell gold from uncertain sources or those that require prepayment for orders fulfilled after several days – comments Jarosław Żołędowski, President of the Management Board of Mennica Skarbowa.
Although the e-commerce market is growing rapidly, customers still prefer the traditional purchasing model – a personal visit to a branch, which gives them the opportunity to check the product and talk to an expert. That is why the company is consistently developing its network of stationary outlets, strengthening its presence and responding to the expectations of investors seeking security and professional service. The new branch of Mennica Skarbowa in Częstochowa is located at 18/4 Waszyngtona Street. From Monday to Friday, between 9:00 a.m. and 5:00 p.m., customers will be able to purchase investment gold and silver and other products from the company’s range, as well as collect orders placed in the online shop.
Mennica Skarbowa offers classic gold bars weighing from 1 to even 1,000 grams, but currently, small and medium weights are the most popular – bars from 1 to 100 grams and bullion coins, such as Krugerrands, Vienna Philharmonics and Canadian Maple Leaf weighing one ounce. These products are preferred by customers because they can be easily exchanged for goods or quickly resold virtually anywhere in the world.
