Soaring Price Of Gold Creates Selling Frenzy In Japan [Headlines]

Japan is racing to sell everything gold. Line ups are so long, some trading shops have to turn customers away.

Caroline Ku
  • 22 august 2011

Japanese families are rushing to sell their gold jewellery, sake cups and even teeth to cash in on surging gold prices.

The stampede to sell gold is so intense that shops buying the precious metal are struggling to cope and are even having to turn some disappointed customers away. Lindsay Whipp/Financial Times.

Image by covilha via Flickr.

  • | {{post.date_formated_today}}
  • {{post.date_formated}}
  • {{post.date_formated}}
Read More Tap to Expand
PSFK Writer {{post.author_display_name}}
  • {{post.date_formated}}
Get a daily delivery of PSFK