Albemarle and Bond warns as gold rush slows

Even pawnbrokers are having a hard time on the High Street, with Albemarle & Bond warning that the lower gold price has caused an unexpected slow-down in the growth of sales of the yellow stuff.

Even pawnbrokers are having a hard time on the High Street, with Albemarle & Bond warning that the lower gold price has caused an unexpected slow-down in the growth of sales of the yellow stuff.

The firm said that in the last eight weeks of the second half of its financial year the year-on-year percentage growth rate, in terms of the value of gold bought, has slowed 'significantly' to middle single digits, compared with a rate of more than 50% in the first half.

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