Sky-high values see customers rushing to sell and pawn gold


Photographer: Chalinee Thirasupa/Bloomberg

NEW YORK: Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers don’t care. They just want to sell.

For some, sky-high values simply mean it’s a good time to cash in. It’s hard to ignore record prices that climbed above US$2,400 an ounce last week.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Hap Seng Plantations 4Q earnings likely to be strong
UK budget ‘headroom’ a harmful obsession
Bursa Malaysia extends gains to close higher
Inflation expected to remain manageable
Atlan subsidiary ceases duty-free business�in JB
Sarawak Plantation eyes steady recovery

Others Also Read