Gold Prices Hit Record High, Local Jeweler Says 'Now Is the Time to Sell'

Gold prices hit record high, local jeweler says 'now is the time to sell'

Gold prices have soared to a record high of $3,280 per ounce, creating an opportunity for people to cash in on forgotten jewelry and trinkets. Gold prices hit record high, local jeweler says 'now is the time to sell'"Definitely sell it," said Crystal Abastta, owner of Sparkling City Jewelers."Right now is the right time because it's the highest its ever been," she said.Abastta has witnessed gold's dramatic value increase since the business opene…

Spot gold rose 0.2 percent to $3,293.98 an ounce, after hitting its highest level since May 12 earlier in the session.

Inflation Jitters Drive Gold Prices Upward

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) rose month-over-month. Overall, the index saw a price increase of 5.11% as precious metals prices fluctuated and gold prices hit new record highs again. Palladium Remains Lackluster Palladium continues to put in an underwhelming performance. Its biggest demand driver, automotive catalytic converters, has softened as U.S. vehicle production shows signs of slowing. At the same t…

On Tuesday, foreign and Iraqi gold prices rose slightly in local markets in Baghdad, while in Erbil, the capital of Kordistan Province, the reporter of the Shafaq News Agency, stated that in the wholesale markets of the river street in the capital, Baghdad, a sale price for 21-caliber Gulf, Turks and Europeans was 645 thousand dinars, and the purchase price was 641 thousand dinars, while yesterday, Sunday, 642 thousand dinars. The Agency report …

Today, Wednesday, gold prices rose to their highest levels in a week with the weakening of the dollar and investors looking for safety amid financial uncertainty in the United States with Congress discussing a comprehensive tax bill.

Gold Soars to 11-Day High, Marking a Strong Comeback

read the original version on: www.retailnews.asia A bustling jewelry store in Hanoi showcases the latest trends as the gold market experiences a dramatic resurgence. On Wednesday morning, Vietnam’s gold prices soared to the highest level since May 10, primarily driven by a global uptrend that saw prices hit a one-week peak. Local Gold Prices Experience Significant Upsurge The value of gold […] The post Gold Soars to 11-Day High, Marking a Strong…