Record gold prices boost recycling: industry

London (AFP) April 30, 2024

Record gold prices have sent recycling of the precious metal to the highest level in more than three years, as consumers cash in on jewellery, an industry body revealed Tuesday. The World Gold Council (WGC) added, however, that total demand for gold dropped five percent in the first quarter year-on-year as it became too expensive for some. Gold, seen as a haven investment, has seen its p