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Gold is surging. Here's why people love it so much

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February 14, 2025

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The price of gold is basically at record highs. But what is it about gold that people love so much?

On this episode of the Odd Lots podcast, @TraxNYCDiamondJewelry founder Maksud Agadjani talks to Joe Weisenthal and Tracy Alloway about why people are so into gold right now. Listen to the full episode wherever you get your podcasts

The price of gold is basically at record highs. But what is it about gold that people love so much? Why have people always craved a metal that has no real industrial uses? And what does owning or wearing gold represent? On this episode of the podcast, we speak with Maksud Agadjani, the founder of TraxNYC, a jewelry store based in NYC's Diamond District. You may recognize Maksud from the movie Uncut Gems, where he played a character similar to himself, working in the fast-moving world of precious metals, rare stones, and flashy jewelry. We talked to him about the persistent demand for gold and why people are so into it right now.

Read moreGold’s Price Surge Drives Narcos Into Illegal Mining in the Amazon ()

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Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

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Guests & Subjects Covered

Odd LotsMaksud AgadjaniJoe WeisenthalTracy AllowayNYC's Diamond District YouUncut GemsWashington DC GetBloomberg's Joe Weisenthal

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