Inside NYC’s Diamond District: The Process of Flipping Gold Scraps | WSJ

The price of gold per troy ounce has reached an all-time high in recent weeks as it crossed above $4,000 for the first time in October. WSJ spent a day in a bullion exchange in New York’s bustling Diamond District to see who’s cashing in on the gold rush. Chapters: 0:00 The price of gold 0:44 Inside the bullion exchange in NYC 2:01 The back of the store 2:36 The refiner and gold vault 3:53 Cashing in on the jewelry News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #Gold #NYC #WSJ