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

Empowering Sabah's talent
Ringgit to trade in narrow range against US dollar in holiday-shortened week ahead
Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year

Others Also Read