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The Independent UK
The Independent UK
Business
Anna Wise

Brits cashing in jewellery at pawnbrokers as gold price hits record high

Pawnbroker Ramsdens has significantly upgraded its annual profit forecast, attributing the boost to record levels of lending as consumers increasingly turn to their jewellery for cash amidst soaring gold prices.

The lender and retailer noted the precious metal's higher price was driving demand and bolstering profits.

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