Gold prices are rising as American consumers face recent economic uncertainty.
WICHITA FALLS (KFDX/KJTL) — Investment opportunities are plentiful but viable ones are few and far between, and a local business owner says a stable opportunity could be worth its weight in gold.
Austin Camp, owner of Wichita Gold and Jewelry, said recent global inflation and political unrest has made gold one of the few timeless assets available for investment portfolios.
Things to know about Duty Free Weekend for smooth shopping
Gold futures recently hit an all-time high, approaching $2,500 an ounce, according to various market sources. With prices soaring, Camp highlighted stability as another reason to invest in the precious metal.
“If you want to invest, now is a really good time to invest in gold and silver because the future is really uncertain about what the economy is going to do, what the country is going to do financially,” Camp said. “So it’s really smart to have something that the whole world is looking for.”
Wichita Gold and Jewelry will open a new store at Kemp and Southwest Parkway on Saturday, July 27, for those looking to capitalize on soaring gold prices.
The camp will offer an additional 10 percent discount on any gold or jewelry brought into the store on the day.
