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Gold Dealers Report Big Shortages of Small Bars and Coins

  • Small gold bars and coins are in high demand from consumers
  • The size of different products is a key reason for the crunch
Surging demand and disruptions from the coronavirus pandemic have created a shortage of the small gold bars most popular with consumers.

Surging demand and disruptions from the coronavirus pandemic have created a shortage of the small gold bars most popular with consumers.

Photographer: Akos Stiller/Bloomberg

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When people are worried about the future they turn to gold to protect their savings. That’s rarely been more true than today.

Surging demand and disruptions from the coronavirus pandemic have created a shortage of the small gold bars most popular with consumers. Those who do manage to get their hands on metal have to pay up –- well above the per-ounce prices being quoted on financial markets in London and New York.