News
Another record for Mennica Skarbowa. The company sold nearly 5 tons of gold in 2022
Mennica Skarbowa, a New Connect-listed company and Poland's largest dealer of investment gold and other precious metals, closed the full year of 2022 with its highest-ever sales level. The company generated revenues of PLN 1.22 billion, compared to PLN 1.07 billion in...
More and more Poles are investing in silver
The Mennica Skarbowa has been observing the increased interest of Poles in silver purchases for several weeks. Customers are most likely to buy small, ounce-weight coins, i.e. the Australian Kangaroo, Vienna Philharmonic or Canadian Maple Leaf - a result of the...
In 2023, Poland will break another gold sales record
The last weeks of December 2022 and the first days of January this year are marked by gold price increases. Recovery from the pandemic, geopolitical crisis and globally rising inflation have left their mark on the decisions of world banks and many investors to buy...
The world is arming itself with gold: the world’s central banks purchased a record 400 tons of gold in the third quarter of 2022
For the past three months, retail demand for gold bars and bullion coins reached its highest level in six quarters worldwide. Information released by the World Gold Council (WGC) shows that as much as 351 tons of gold were sold globally in Q3 2022. In our part of...
Mennica Skarbowa has already sold 3.5 tons of gold this year, an increase of nearly 30% year-on-year
Mennica Skarbowa, Poland's largest dealer of investment gold and other precious metals, has generated revenue of PLN 280.4 million in the third quarter of 2022. Thus, the Company exceeded the level of sales obtained in the same period of 2021, which amounted to PLN...
Beware of scammers – what are the things to check before buying gold?
The latest record inflation data favor the decision to place savings in safe assets. One of such assets is gold, which, unlike money, does not lose value. It has been seen as a safe form of capital investment for thousands of years, which explains why it constantly...
Mennica Skarbowa generated a net profit 120% higher than in H1 2021
Mennica Skarbowa, Poland's largest dealer of investment gold and other precious metals, sold 0.9 t of gold in the second quarter of this year. This means that in total, in the first six months of 2022, the company has already sold 2.4 t of bullion, which is 141% of...
Russia’s gold rush continues – year-on-year increase of nearly 300%
The demand for this bullion in our part of Europe is 12% higher than last year. Information released by the World Gold Council (WGC) shows that over the past three months Russians purchased more than 5.5 tons of gold. This means an increase in demand for bullion in...
Gold rush in Poland goes on
Historic results of Mennica Skarbowa in 2021 - the company sold 4.53 tons of gold throughout the year, compared to 2.13 tons in 2020. For the first time in its history, the company's revenue exceeded PLN 1 billion and operating profit exceeded PLN 30 million. The...