People are melting down their gold jewelery as the price of the metal has reached an all-time high, says the Joongang Ilbo.
Gold rings are melted down at Korea Gold Silver Refining, a company that trades jewelry and purchases and recycles gold, at the company’s office in Jongno, downtown Seoul yesterday.
People rushed to sell any and all gold they owned as the value of the precious metal reached an all-time high yesterday of 191,000 won ($131) per 3.75 grams of pure gold.
1 comment:
Has the value of the won reached an all-time low?
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