Thursday, September 28, 2023
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“It’s the best life insurance”: why they keep buying gold at high prices

In front of the window of a sign on rue Vivienne (2nd), the historic Parisian artery for amateurs, Pascal (the first names have been changed) flips through a small catalogue. He still hesitates. The purchase price of his favorite gold coins, the 20 Napoleonic or Latin Union francs, is above the psychological threshold he has set at 350 euros. 12 years ago, when he became interested in the precious yellow metal, he had it for 190 euros.



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