The Royal Canadian Mint has stated that demand for gold and silver bullion products is still "extremely robust."

"After the second quarter, we've had the highest year-to-date volume of silver Maple Leafs in the more than 25 years that we've made them.

Only 2000 has seen a near-record volume for our gold Maple Leafs so far this year "says Chris Carkner, managing director of sales at the Royal Canadian Mint for bullion, refinery, and exchange-traded products. this will also impact the gold price canada.

On the eve of the American Numismatic Association's World's Fair of Money, Carkner told Kitco News, "When prices drop in the market, then people see it as a purchasing opportunity."

Although demand from Europe and Asia is also strong, North America accounts for the majority of volumes.
Although demand from Europe and Asia is also strong, North America accounts for the majority of volumes.

Numerous mints are having trouble finding supplies to make coins due to the increased demand for bullion items. Since the Royal Canadian Mint refines its own gold for coins, this hasn't been a problem.

Bullion sales are still going strong for the year, but Carkner declined to predict trends for the rest of the year, claiming that the mint does not speculatively speculate on price or volume. They are "optimistic" about volume, he would only say.

Summer in the Northern Hemisphere is often a sluggish time for coin and metal sales, but not this year because demand is still high.