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Irish buying more gold to safeguard wealth against Covid impact


Irish buying more gold to safeguard wealth against Covid impact
Merrion Vaults sees demand for safe deposit boxes and gold surging in 2020
Wed, Jan 13, 2021, 05:00
Co-founder of Merrion Vaults Seamus Fahy says clients are spending an average of between €7,000 and €10,000. Photograph: Mark Nixon
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Irish people are spending more on gold as they buy the precious metal to safeguard wealth against Covid-19’s economic impact, according to one major seller.
Gold sales by Irish business Merrion Vaults, which provides safe deposit boxes in Ireland and Britain, multiplied four times in 2020, the company said on Tuesday. ....

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