Wired Wednesday: As Gold Hits Record High, People Cash In
(GV Wire/Jahz Tello)
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GV Wire’s Edward Smith talks with KMPH Fox 26 “Great Day” anchor Karl Cooke about the rise in gold prices and how Fresno residents are using this opportunity to cash in on their jewelry.
Smith explains that gold’s record price is related to the tariffs that President Trump proposed in April.
When there’s fear or disruptions in the economy, people buy gold as a safe haven, he said.
Gold peaked in April, topping $3,500 an ounce and has hovered near that mark since.
Related Story: Fresno Families Can’t Sell Their Gold Fast Enough: Jewelers
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Jahz Tello,
Videographer
Jahz joined GV Wire in early 2018 as a Video Production Assistant and is now a Videographer. He came to us with experience in video editing and production, most recently with Fresno State Athletics. Jahz received a Bachelor’s Degree in Multimedia from Fresno State in 2014. He has a passion for video, music and film. In his spare time, Jahz likes to cook, catch up on current events, listen to music and exercise. You can contact him at 559-492-4016 or Send an Email .
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