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Evening Standard

Business

Holly Williams

All that glitters: strong online gold sales help deliver festive retail rebound

Office for National Statistics Gold United Kingdom

Retailers enjoyed a better-than-expected festive sales bounce-back last month amid a boost for online jewellery firms thanks to strong demand for gold and silver, according to official figures (Alamy/PA) -

Retailers enjoyed a surprise Christmas sales bounce-back last month amid a boost for online jewellery firms thanks to strong demand for gold and silver, according to official figures.

The Office for National Statistics (ONS) estimated the total volume of retail sales, which measures the quantity bought, rose by 0.4% in December, defying expectations of a more lacklustre performance.

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