Financial Times/Martin Arnold/11-21-2021
“‘I have felt it quite a bit,’ said Maria, a 40-year-old social worker, who had put off buying jewellery and electronics because of higher prices. ‘I noticed when shopping with my mum that gold has gone up from €1,500 to over €1,700 [per ounce] in only one week.’”
USAGOLD note: German investors have a keen interest in gold, though we are not certain about the big price jump in gold mentioned above. Germany, as this article points out, is “still haunted” by hyperinflation of the 1920s. Those who owned gold during that period preserved their assets.
