‘By the end of the day we’re just knackered’: business booms for UK’s south Asian jewellers as gold prices soar

16:00 - 18 Feb 2026

Economic uncertainty drives customers to snap up 22-carat gold bars and coins or sell off unworn jewellery

“With everything that’s going on in the economy and Donald Trump banging his chest against the world, we’re finding there’s no trust in the banks because we don’t know what’s going to happen,” Sandeep Kanda says.

Kanda is the owner of Sunny Jewellers, situated along a stretch of Leicester known as the Golden Mile, and is a beneficiary of consumers seeking alternative investments amid the uncertainty.

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