Investment Analysis
Wall Street Journal starts to give gold its due
Our Long Love Affair with Gold
By Lane Florsheim
The Wall Street Journal, New York
Thursday, April 16, 2026
Every morning for the past six months, Isaac Kahan has left his house at 3:30 a.m. to begin his workday on the stretch of 47th Street that comprises New York City’s bustling Diamond District. Buying and selling gold has never been a busier vocation.
As the president of Bullion Trading, he sells about $1 million in gold from his storefront every day. Though 1-ounce bars are his most pop
Our Long Love Affair with Gold
By Lane Florsheim
The Wall Street Journal, New York
Thursday, April 16, 2026
Every morning for the past six months, Isaac Kahan has left his house at 3:30 a.m. to begin his workday on the stretch of 47th Street that comprises New York City’s bustling Diamond District. Buying and selling gold has never been a busier vocation.
As the president of Bullion Trading, he sells about $1 million in gold from his storefront every day. Though 1-ounce bars are his most popular offering, Kahan has taken to selling quantities of gold that are so tiny they would have been unthinkable a year or two ago—as little as 2.5 grams, for around $500.
... Dispatch continues below ...
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"I keep on telling my wife that this is a once-in-a-lifetime opportunity," he says.
Speculators have poured their earnings into all kinds of investments since ancient times, but they always return to gold. The precious metal is a constant in human history -- a store and symbol of wealth for everyone from Egyptian royals entombed in golden masks, to working-class immigrants crossing the Atlantic with gold coins sewn into their belts, to America's 47th president, who gilded the Oval Office at the start of his second term.
Currencies cease circulation, markets fluctuate, tastes shift. Yet gold holds its value, even as its price ebbs and flows. Perhaps now more than ever, its safe-haven status has made it a reliable hedge against a tumultuous world. ...
... For the remainder of the report:
https://www.wsj.com/finance/investing/gold-bullion-market-trading-4456cbde?st=4Tf7kp&reflink=desktopwebshare_permalink
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Topics: golddemandinvestmentprecious metals