London’s Hatton Garden jewellers face both boon and burden amid record gold prices

LONDON, Feb 9 — In London’s Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches...

A photograph taken on April 30, 2024 shows gold bracelets displayed in a shop window on Green Street, east London . The price of gold struck 40 record highs in 2024 as global demand reached an all-time peak of 4,974 tonnes, the World Gold Council said in a recent annual report. — AFP picas a first-time user .

The record run has extended into 2025, with gold striking a record high close to US$2,900 an ounce on Friday. He added there are “more people trying to sell” than buy, impacting sale volumes of jewellery with Valentine’s Day fast approaching.

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