This is based on actual (average annual) gold price performance for the preceding 5 years. If you invested £6400 in gold 5 years ago, it would be worth approximately £8512 today. How effective are gold coins as an alternative to saving money in your bank? Savvy investors and savers have protected themselves from financial detriment being affected by holding a percentage of their savings in gold. 🔨 The British economy has also felt the knock-on effects from a number of recent bank collapses including Credit Suisse and Silicon Valley Bank. We also have geo-political factors such as the conflict in Ukraine, economic recovery from Covid-19 lockdowns and Britain still emerging from its post-Brexit slump. 💹 As of June 2023, the British economy has been stunned by high rates of inflation, a “cost of living crisis” and low bank interest rates.