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Gold's wild rally traps jewelers between soaring costs and cautious customers

Gold
Business Insider Fews App News Provider
Fews App Post Time Hace 10h

Isaac Yuan and Joanne Sim, the husband-and-wife team behind Eli J Fine Jewelry in Singapore, have been adjusting designs and prices as gold costs soar. Huileng Tan/Business InsiderGold's record-breaking rally is squeezing jewelers' profits and testing how much shoppers will pay. Feverish investor appetite for haven assets has sent gold soaring more than 50% this year.

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