Gold ‘Panic’ Buying Ends, Reducing Austrian Coin Sales by 80%

March 19 (Bloomberg) -- Muenze Oesterreich AG, the Austrian mint that makes the best-selling gold coin in Europe and Japan, said sales have fallen 80 percent this year after buyers began to regain confidence in the global economy.

“We’re getting back to business as usual rather than the hectic, panic demand we’ve seen over the last couple of years,” Vienna-based Marketing Director Kerry Tattersall said late yesterday in an interview.

Sales of all gold coin types fell to . . .

Full story at: Bloomber Business Week