How high gold prices are fueling a chocolate shortage

金价高企引发巧克力短缺

Behind the Money

2025-03-19

19 分钟
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The surging price of gold is leading to some unexpected outcomes. The FT’s Aanu Adeoye traveled to Ghana to see how this is playing out among two of the country’s top commodities: gold and cocoa. Aanu and the FT’s Susannah Savage explain how the two commodities are linked and how it is impacting the people who live in the country.   Clips from NBC, ABC, CBS  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: How illegal gold mining is fuelling a chocolate shortage Food groups develop a taste for cocoa alternatives From London to New York via Switzerland: the booming trade in gold bars - - - - - - - - - - - - - - - - - - - - - - - - - -  Follow Aanu Adeoye (@aanuadeoye) and Susannah Savage (@SavageSusannah) on X. Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Lately, the price of gold has been exploding.

  • The price of the precious yellow medal on the rise.

  • Gold made history, smashing record highs.

  • Prices for the precious medal briefly topped $3,000 an ounce today for the first time.

  • And this increase has a lot to do with what's happening around the world.

  • U.S.

  • President Donald Trump's tariff threats, geopolitical tensions.

  • It's making investors want to put their money somewhere secure.

  • So whenever things are really uncertain, people don't know what's going to happen next.

  • They tend to move their money into gold.

  • Gold is what's known as a safe haven asset.

  • It's because, you know, it's never going to go too crazy.

  • If you're an investor and you're investing in stocks of a company that could suddenly tank