NYC Jewelers Are Rushing to Cash In on Gold’s Rally Over $4,000 скачать в хорошем качестве

NYC Jewelers Are Rushing to Cash In on Gold’s Rally Over $4,000

Gold surged past $4,000 an ounce this week and Manhattan's Diamond District took notice. The gold rally rippling through global markets is reverberating from trading floors down to the cramped corridors of Manhattan’s Diamond District, where shop owners hawking bangles and coins are cashing in on quick deals. Bullion’s surge past $4,000 an ounce this week means chatter in the Midtown district — a go-to destination for traders dealing gems and precious metals for more than a century — has been as much about market charts as carats and cuts. The buying and selling has roiled jewelers as they plot strategy around their inventory and attempt to keep pace with the change in prices. Read more: https://www.bloomberg.com/news/featur... ---------- Like this video? Subscribe    / @bloomberg-news   Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more. Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptio... Bloomberg on YouTube:    / @business      / @markets      / @bloombergtechnology      / @bloombergpodcasts   Connect with us on social:   / bloombergbusiness     / bloomberg-news     / bloombergbusiness     / bloombergbusiness