The price of gold per troy ounce has reached an all-time high in recent weeks. WSJ spent a day in New York’s bustling Diamond District to see who’s cashing in on the gold rush.⁠ 🔗… | The Wall Street Journal
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413K views · 2K reactions | 25 years ago, gold was worth around $275 per troy ounce, meaning it took 182 ounces to get $50,000 worth of gold. Today, gold is worth over $4,100 per troy ounce, and just 13 ounces are needed for a gold stack worth over $50K. This is a 1400% increase in value in just 25 years. In another 25 years, will just one gold coin be worth over $50,000? #apmex #gold #goldstack #goldcoins #preciousmetals | APMEX, Inc. | Facebook
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