Gold Sovereign Hits Record €922.46 in Greece Amid Worldwide Gold Rally
The sharp rise reflects broader global uncertainty and investor anxiety. The price of the gold sovereign in Greece has soared to a record high of €922.46, according to the latest pricing bulletin released by the Bank of Greece. The surge mirrors the global rally in gold, which has surpassed the historic threshold of $4,000 per ounce for the first time, currently trading around $4,060. The Bank of Greece reported that the buying price for a British gold sovereign of 0.9166 fineness now stands at €787.31, while the selling price for older coins and pre-1973 Elizabeth II issues has reached €922.46. Later issues, minted after 1974, are priced slightly lower at €913.93. Imperfect or underweight coins fetch less, with a lightweight sovereign bought at €752.68 and sold at €849.70. The sharp rise reflects broader global uncertainty and investor anxiety. As inflationary pressures persist, geopolitical tensions intensify, and expectations grow...
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