AN investor bought gold bullion worth £1.5million — at the push of a button on a mobile phone app.
Last Sunday’s online transaction is believed to be one of the biggest of its kind.
And the punter made £125,000 in just seven days after the price of gold shot up amid the tariffs turmoil in the US.
A source said: “The client wants to stay anonymous but it’s extraordinary someone can buy that much gold, worth that much, and not leave the house.
“It’s not even on a computer but at the push of a button on a mobile phone app. It’s just staggering.”;
The client of online gold dealer BullionVault purchased 20.44kg of gold at a price of $3,043 (£2,229) an ounce. That then jumped to $3,229 (£2,527).
It means their $2million (£1.5million) investment was this weekend worth $2,122,697 (£1,627,435).
— seen as a safe haven during mayhem — is up a record 137 per cent after wiped trillions off stocks and shares.
Rick Kanda, boss of The Gold Bullion Company, in Wolverhampton, said: “Buyers are worried about the gold shortages this might cause.”;
Adrian Ash, of BullionVault, added: “The idea that in gold is only for the wealthy is an out of date myth.
“Today, investors can use their phone to buy and sell physical gold, safely stored at low cost in high security vaults.”;
