Marketplace Logo Donate

Daily business news and economic stories from Marketplace

Europeans take refuge in gold

Subscribe to our Newsletters

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.

What's Next

Latest Episodes From Our Shows

Listen
7:37 AM PDT
6:54
Listen
2:34 AM PDT
7:59
Listen
7:48 AM PDT
1:50
Listen
Sep 26, 2022
17:39
Listen
Sep 26, 2022
28:08
Listen
Jul 7, 2022
30:13
Listen
Aug 9, 2022
24:46
Exit mobile version