Thefts at jewellery stores are on the rise in South Korea amid gold’s record-breaking rally, market watchers said on Thursday.
International gold prices recently surpassed US$5,300 per ounce for the first time, driven by weakening confidence in US dollar assets amid geopolitical tensions and recent remarks by US President Donald Trump advocating a weaker dollar.
Police reports of attempted gold thefts have risen sharply. The suspects tried to quickly convert the stolen items into cash, police…
Jewellery store heists sweep South Korea amid soaring gold prices
