Several facts collated by a Bullion Vault article show demand for physical gold is increasing at a nice clip. First and foremost, demand for COMEX gold bar delivery is up 39% from the same period last year. Sales of American Eagles, both one-ounce and fractional, are also rising; Buffaloes and the premium First Spouse coins are also rising, but at a lower rate. In addition:
Jon Spall, director of commodities at the UK’s second largest bank Barclays said, "There's much more demand from gold investors for Allocated Gold. People are attracted to hard assets outside the banking system which do not represent a credit risk to anyone."It seems to be investment demand behind the increase in coin sales. The coins with the higher premiums are seeing their sales rise more slowly than the straight-bullion ones.