Gold sovereign coin surges above €1,000 as trades reach 150,000 in 2025

On Monday, January 26, the selling price reached €1,138.33, compared to €666.31 on December 31, 2024, highlighting the scale of the increase. The sharp rise has prompted many holders to liquidate their gold coins in order to capitalize on historically high prices.

Transactions Up Nearly 50% Year-on-Year

According to data from the Bank of Greece, total transactions involving gold sovereign coins reached nearly 150,000 in 2025, marking an increase of almost 50% compared to 2024. While strong buying interest dominated during the first nine months of the year, the trend reversed in the final quarter.

As a result, sales accounted for around 60% of all transactions, reflecting growing profit-taking by investors. Over the course of the year, the Bank of Greece purchased 48,031 coins from private holders, while selling 7,563 coins.

Gold Rally Accelerates Toward Year-End

In December alone, gold prices rose by 16%, underscoring the strong upward momentum at the end of the year. Meanwhile, the Bank of Greece’s purchase price for gold sovereign coins remains significantly lower, at around €971 per coin.

On Tuesday, gold prices climbed by as much as 1.4%, extending a streak of seven consecutive sessions of gains. Having more than doubled in value over the past two years, gold continues to reinforce its reputation as a safe-haven asset and a barometer of market fear.

Following its strongest annual performance since 1979, gold has already gained 17% since the beginning of the year, largely driven by the so-called “debasement trade,” as investors shift away from currencies and government bonds amid growing uncertainty.