Indians Are Selling Their Gold Jewelry to Make Ends Meet

Gold Jewelry

Gold Jewelry: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewelry to meet expenses, after failed attempts at starting a home business and finding another job.

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Gold Jewelry

Iranians Go for Gold Amid Currency Turmoil, U.S. Tensions

Gold Price Forecast

Gold Silver Reports (GSR) – Iranians Go for Gold Amid Currency Turmoil, U.S. Tensions — Gold coin and bar demand in the Persian Gulf nation soared to 9.3 tons in the first quarter, a three-year high, on “investor concerns over worsening Iranian-U.S. relations and the prospect of currency controls,” the World Gold Council said Thursday in a report.

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Iranians Go for Gold Amid Currency Turmoil, U.S. Tensions via @goldsilverrepor