the banking crisis causes a new gold rush

by time news

The French bought 5.6 tonnes of coins and bars last year. Highest since 2011. Tsuboya / stock.adobe.com

INVESTIGATION – The price of the yellow metal is close to 2000 dollars an ounce. A record level that encourages many worried individuals to take the plunge.

Gold plays its role as a safe haven more than ever. And in specialist shops, coins, ingots and ingots are once again a hit with individuals. In one month, the price of gold jumped by almost 10%. A rare fact for the yellow metal, whose price now stands at around 2000 dollars an ounce (1850 euros), a historic level. “I’m not rich but I want to invest in some gold”, says Thierry, at the counter of one of the many shops on rue Vivienne, a historic artery of gold in Paris. He just bought…

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