Demand for Welsh Gold Increased After Royal Announcement

>> Tuesday, November 23, 2010

After the announcement of Prince William’s engagement to his long-term girlfriend Kate Middleton next year, the number of investors who wish to buy gold bullion and gold from Wales has increased.

For several years, the precious metal used to create the wedding rings worn by the Royal Family has come from Clogau Gold. Welsh gold from Clogau Gold was initially used in 1923 when the Queen Mother chose it to make the bands for her wedding to the Duke of York Albert who later became King. According to the news, the wedding rings worn by the Queen, Princess Margaret and Princess Diana, among others, were made from a nugget of the metal that was given to the Queen Mother.

Since the engagement announcement was made, the company revealed that demand for gold has significantly increased and that they are thinking of reopening the St. David’s Mine located in Bontddu, Snowdonia.

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