The price of gold is up 55 per cent from this time last year, hitting historic highs. Experts say the metal is easy for criminals to move and sell and jewelry stores are worried about smash and grabs.
When masked gunmen burst into Rajan Dhalla’s Winnipeg home last week, they made off with nearly $1 million worth of gold from the family's jewelry shop.
“I want justice,” Dhalla said from the hospital, where he and his father were being treated for gunshot wounds . They sell their jewelry mainly online, but their inventory is stocked at the family home.
“They robbing me [ of] five or six kg of gold. It’s not a small quantity. It’s a big quantity.”
On Oct. 15, Rajan Dhalla shows some of the injuries he sustained during an Oct. 9 robbery at his home-based jewelry business in Winnipeg. (CBC)
The price of gold is at historic highs, up more than 55 per cent since this time last year, driven by investment and jewelry demand, geopolitical uncertainty, currency market volatility and inflation.
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