€2m cargo is good as gold for investors
Gold bullion A GOLD broker transported the largest movement of gold bullion from London to Dublin in decades, as Brexit concerns deepen.
The shipment, worth €2million, reflects a growing demand from investors to relocate assets out of the UK.
The first consignment into the new institutional vaults was of coins and bars weighing 60kg.
Goldcore chief Mark O’byrne said: “To date, the demand for gold storage in Dublin has been strong.
“However, in the run up to Brexit, we expect this demand to strengthen even further and Dublin may surpass London in terms of the amount of gold assets in the vaults in the coming months.” BLOODIED A Yellow Vest