Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Final Note

Europeans take refuge in gold

Kai Ryssdal Jun 29, 2015
HTML EMBED:
COPY
Final Note

Europeans take refuge in gold

Kai Ryssdal Jun 29, 2015
HTML EMBED:
COPY

Let’s circle back to the lack of mobility Greeks and their money are dealing with right now.

Bloomberg News is reporting that Europeans have been buying gold — traditionally the safest of safe havens — at quite a clip this month.

The U.K. Royal Mint says sales of gold coins to Greeks was “double the five-month average in June.” 

Private coin retailer CoinInvest.com says it’s sold out, and that it’s the French, Germans and Greeks who are buying.

The rest of the world … meh.

Gold closed up about 0.5 percent today in New York.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.