Commentary: Here’s how the experts buy gold rings and bracelets for less than the scrap price
There was lots of humming and huffing in our household this week after gold prices hit a record high recently. Not that I can afford even the smallest memorial coin. But my wife is a jeweller, so we have skin in the game. I rarely comment on gold. When journalists do, insane end-of-worlders leap from their bunkers to scream abuse. Fiat money is a sham. Governments can’t be trusted. Zombies are coming.
And the yellow metal isn’t the most expensive ever. After adjusting for inflation, its peak was July 2020, with real prices on a downward path since. But loads of readers suddenly want to know more about gold — so here goes.