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The Gold Rush

la ruée vers l'or

The price of gold is rising. French people are taking advantage of this to resell jewelry they no longer wear, old gold, coins, and ingots, to earn quick and easy money.


According to a 2014 survey, 17% of French people own or have owned gold. In total, this represents 3,000 tons of gold coins and ingots in France, more than the reserves of the Banque de France, according to Le Point.


Even more surprising, as the price of gold rises, some French people are even deciding to buy gold or gold jewelry. This precious metal allows investors to diversify their investments in a context of political crisis coupled with a slowdown in the global economy.