Americans Pour Into Pawnshops, Selling Gold Jewelry As Price Surges With gold trading at record highs, cash-strapped Americans are heading to pawnshops to sell their jewelry. “People are using gold as an ATM they never had,” King Gold & Pawn and Empire Gold Buyers owner Gene Furman tells Bloomberg. He says gold-selling traffic at his 5th Avenue location in New York City has more than tripled as gold has surged 17% off its 2024 low in February to now trade near $2,400 an ounce. ... Read this story
