HGF Securities says sales of gold jewellery have slipped 20-40 per cent. Photo: Reuters.
HGF Securities says sales of gold jewellery have slipped 20-40 per cent. Photo: Reuters.
Laura He
Opinion

Opinion

Across The Border by Laura He

The soaring gold price is far from good news for gold retailers

The yellow metal has risen 12pc in value since June. But sales of gold jewellery have slumped 20-40pc. Some customers have even been selling their gold items to stores. So what’s happening?

Laura He
Laura He

Updated: 9:59pm, 12 Jul, 2016

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HGF Securities says sales of gold jewellery have slipped 20-40 per cent. Photo: Reuters.
HGF Securities says sales of gold jewellery have slipped 20-40 per cent. Photo: Reuters.
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