These billionaires are betting big on gold in 2016

While the possibility of a capital gains hike by Labour adds to the coins’ appeal, it’s one of many potential drivers for the Mint’s increased sales.

Centamin has also received its environmental permit for the project and will submit applications for a mining licence in Q3.

Gold prices hit a record high of $2,483.60 per ounce on Wednesday.

Among wealthy investors under the age of 43, 45% own gold as a physical asset.