Collectibles top online investment searches by U.S. big-city dwellers; gold fever simmers

seekingalpha2024-06-28

Collectibles are the most searched-for type of investment in America’s 50 most populated cities, and gold (XAUUSD:CUR) fever appears alive in the West, according to a study by investment platform ...

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The platform in a broader survey about the investment landscape found California lead the top 10 states in online searches for physical investments, with a rate of 9,240 searches per 100,000 residents. That was followed by Washington and New Jersey.  Collectibles topped searches in 13 of 50 cities, including three cities in California - Los Angeles, Oakland and Fresno - and two in Colorado - Colorado Springs and Aurora.  401(k) or other employee-sponsored retirement plans followed collectibles, leading searches in eight cities, including Detroit and Minneapolis, said CyberMetals, a platform from online metals retailer JMBullion and A-Mark (AMRK) precious metal trading company. Bonds were the most searched-for investment types in New York City while gold bullion was tops in Los Angeles. L.A. was among the cities that showed a significantly higher interest in \"gold bullion\" than the national average. Three other California cities, two in Arizona, and San Antonio, Texas, were also among that group.  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