Pawnbroker hit by gold price fall

A chain of high street outlets set up by the UK's biggest pawnbroker to take advantage of a surge in the price of gold could shut down in the next 12 months after the market slumped.

Gold Bar, which is owned by H&T, now has just five sites compared to 55 last year but has been hit by a crash in the price of the precious metal as well as competition from payday lenders.
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