This Is Why People Are So in Love With Gold
Odd Lots
Bloomberg
4.4 • 1.6K Ratings
🗓️ 14 February 2025
⏱️ 53 minutes
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Summary
The price of gold is basically at record highs. But what is it about gold that people love so much? Why have people always craved a metal that has no real industrial uses? And what does owning or wearing gold represent? On this episode of the podcast, we speak with Maksud Agadjani, the founder of TraxNYC, a jewelry store based in NYC's Diamond District. You may recognize Maksud from the movie Uncut Gems, where he played a character similar to himself, working in the fast-moving world of precious metals, rare stones, and flashy jewelry. We talked to him about the persistent demand for gold and why people are so into it right now.
Read more: Gold’s Price Surge Drives Narcos Into Illegal Mining in the Amazon
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