HGF Securities says sales of gold jewellery have slipped 20-40 per cent. Photo: Reuters.
Opinion
Opinion
Across The Border
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?
HGF Securities says sales of gold jewellery have slipped 20-40 per cent. Photo: Reuters.