Shanghai residents flock to sell gold as its price hit record highs

Gold surged over the $5,500-per-ounce milestone this week, sending throngs of Shanghai residents to gold shops to sell bars, jewelry, and family heirlooms. Gold has become the go-to safe haven, climbing over 20% since January as geopolitical strife and shaky economic outlooks send investors and savers scrambling for safety. Record prices are leading others to […] source: https://www.cryptopolitan.com/shanghai-residents-flock-to-sell-gold-as-its-price-hit-record-highs/