|Gold Sales Booming Online|
|by Tom McGregor||Fri, Oct 24, 2014, 03:09 AM|
More people are going online to purchase gold.
The Chosun Ilbo reports that, 'Gold continues to sell like hot cakes online. Online mall GMarket on Wednesday sales of pure gold items like rings or bars rose 105 percent from a year ago."
South Koreans appear to be jumping on the online gold craze.
According to the Chosun Ilbo, "The sales of gold bars alone, which people buy mainly for investment, shot up 158 percent. Falling gold prices and economic uncertainties are the main reasons."
Fears are growing that the global economy will slump in the near future and gold purchases are deemed conservative investments.
To read the entire article from the Chosun Ilbo, link here: