Trade Me’s seeing a rush on gold and silver listings.

Searches for both metals have surged on the site - and are now the second and third fastest-rising terms over the past week.

Gold and silver hit record highs late last month, before dipping and then rallying again.

Trade Me spokesperson Millie Silvester says the spike could be driven by buyers looking to melt the metals down.

"Or maybe they're hoping that actually, this is the start of a boom and they're going to sit on it and hold onto it and maybe accumulate it over time as a bit of an investment." 

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Trade Me’s seeing a rush on gold and silver listings.
Searches for both metals have surged on the site - and are now the second and third fastest-rising terms over the past week.
Gold and silver hit record highs late last month, before dipping and then rallying again.
Trade Me spokesperson Millie Silvester says the spike could be driven by buyers looking to melt the metals down.
"Or maybe they're hoping that actually, this is the start of a boom and they're going to sit on it and hold onto it and maybe accumulate it over time as a bit of an investment."&nbsp;
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Millie Silvester: Trade Me spokesperson on the growing popularity of gold and silver listings

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/cd790f06-6445-40cb-8305-b3e70061e43d/transcript