FX.co ★ Britons rushing to buy gold and cash boxes

The Britons are converting cash into gold and buying up locking cash boxes amid growing fears of a slump in the pound’s value in the wake of the highly probable Brexit vote on June 23, The Telegraph reported.
According to the Royal Mint, sales of gold bars and coins surged by 32% in May 2016. The most commonly bought coins, Sovereign and Britannia, contain a set amount of gold. With a Sovereign it is 0.2354 of a troy ounce. A Britannia weights a full troy ounce.
Gold bars can also be purchased through the Royal Mint for at least £20. However, both coins and bars might be easily lost or stolen. So experts advise people to invest savings into investment funds with a focus on precious metals.
Meanwhile, worried savers are interested in buying cash boxes to keep their valuables. “Cash box” searches in Google have been gaining in popularity since November 2008.