{"id":15931,"date":"2025-04-13T07:42:10","date_gmt":"2025-04-13T07:42:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/15931\/"},"modified":"2025-04-13T07:42:10","modified_gmt":"2025-04-13T07:42:10","slug":"man-buys-1-5m-worth-of-gold-on-mobile-app-amid-donald-trumps-tariff-chaos","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/15931\/","title":{"rendered":"Man buys \u00a31.5m worth of gold on mobile app amid Donald Trump&#8217;s tariff chaos"},"content":{"rendered":"<p>AN investor bought gold bullion worth \u00a31.5million \u2014 at the push of a button on a mobile phone app.<\/p>\n<p>Last Sunday\u2019s online transaction is believed to be one of the biggest of its kind.<\/p>\n<p><a href=\"#\"><img decoding=\"async\" alt=\"Stack of three gold bars.\" height=\"802\" width=\"960\" data-credit=\"Getty - Contributor\" data-img=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/stack-gold-bars-289442421.jpg\" data-caption=\"An investor managed to buy gold bullion from their home via an app in an unusual deal\"   loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/stack-gold-bars-289442421.jpg\" role=\"img\"\/><\/a><\/p>\n<p>1<\/p>\n<p>An investor managed to buy gold bullion from their home via an app in an unusual dealCredit: Getty &#8211; Contributor<\/p>\n<p>And the punter made \u00a3125,000 in just seven days after the price of gold shot up amid the tariffs \u00adturmoil in the US.<\/p>\n<p>A source said: \u201cThe client wants to stay anonymous but it\u2019s extraordinary someone can buy that much gold, worth that much, and not leave the house.<\/p>\n<p>\u201cIt\u2019s not even on a computer but at the push of a button on a mobile phone app. It\u2019s just staggering.\u201d<\/p>\n<p>The client of online gold dealer BullionVault purchased 20.44kg of gold at a price of $3,043 (\u00a32,229) an ounce. That then jumped to $3,229 (\u00a32,527).<\/p>\n<p>It means their $2million (\u00a31.5million) investment was this weekend worth $2,122,697 (\u00a31,627,435).<\/p>\n<p><a href=\"https:\/\/www.thesun.co.uk\/money\/33951226\/stocks-shares-gold-invest-money\/\" rel=\"noopener\" target=\"_blank\">Demand for gold<\/a> \u2014 seen as a safe haven during <a href=\"https:\/\/www.thesun.co.uk\/topic\/markets\/\" target=\"_blank\" rel=\"noopener\">markets<\/a> mayhem \u2014 is up a record 137 per cent after <a href=\"https:\/\/www.thesun.co.uk\/news\/34408601\/trump-china-usa-tariffs-economy\/\" rel=\"noopener\" target=\"_blank\">Donald Trump\u2019s trade tariffs<\/a> wiped trillions off stocks and shares.<\/p>\n<p>Rick Kanda, boss of The Gold Bullion Company, in Wolverhampton, said: \u201cBuyers are worried about the gold shortages this might cause.\u201d<\/p>\n<p>Adrian Ash, of BullionVault, added: \u201cThe idea that <a href=\"https:\/\/www.thesun.co.uk\/topic\/investing\/\" target=\"_blank\" rel=\"noopener\">investing<\/a> in gold is only for the wealthy is an out of date myth.<\/p>\n<p>\u201cToday, investors can use their phone to buy and sell physical gold, safely stored at low cost in high security vaults.\u201d<\/p>\n<p>Trump unveils new $5m \u2018Gold Card\u2019 visa and says VIP ticket to America will be available to ultra rich &#8216;in two weeks&#8217;<\/p>\n<p>Trump coins a brand new word<\/p>\n<p><img decoding=\"async\" class=\"lazyload\" alt=\"\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/u-s-president-donald-trump-984293978.webp\"\/><\/p>\n<p>Donald Trump has coined a brand new word called &#8220;PANICAN&#8221; to refer to people who he thinks are &#8220;weak and stupid&#8221; and get panicked easily.<\/p>\n<p>Posting on Truth Social, Trump told Americans not to be a &#8220;PANICAN&#8221; amid his tariff war.<\/p>\n<p>He said: &#8220;The United States has a chance to do something that should have been done DECADES AGO. Don\u2019t be Weak! Don\u2019t be Stupid! Don\u2019t be a PANICAN (A new party based on Weak and Stupid people!).<\/p>\n<p>&#8220;Be Strong, Courageous, and Patient, and GREATNESS will be the result!&#8221;<\/p>\n<p>Since Trump posted the term on social media, it has gone viral and received hilarious reactions from users.<\/p>\n<p>Reacting to the new word, a user wrote on X: &#8220;Oh phew. When I heard Trump created a new word, I thought that meant we were invading Panama and Canada today.\u201d\u00a0<\/p>\n<p>While another user said:\u00a0\u201cTrump switches parties, becomes Panican.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"AN investor bought gold bullion worth \u00a31.5million \u2014 at the push of a button on a mobile phone&hellip;\n","protected":false},"author":2,"featured_media":15932,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3159],"tags":[2062,32,6615,547,895,53,118,1890,16,15],"class_list":{"0":"post-15931","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-apps","9":"tag-donald-trump","10":"tag-investing","11":"tag-mobile","12":"tag-section-moneynews-money","13":"tag-technology","14":"tag-the-sun-newspaper","15":"tag-the-sun-on-sunday","16":"tag-uk","17":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114329534235511872","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/15931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=15931"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/15931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/15932"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=15931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=15931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=15931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}