Photo: RNZ / Samuel Rillstone

Summer would normally be a quiet period for The Gold Exchange in Wellington.

But this year there has been no let-up.

Visitors are buying 50 silver coins at a time, and orders for gold are running hot, even as prices continue to rise.

Gold was selling for just over $8000 an ounce on Wednesday morning and silver, $153.

Silver prices rose 150 percent in 2025 while gold rose by 65 percent.

"We have a lot of people buying quite large quantities lately," sales manager Eli O'Donnell said.

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