Russ Mould, investment director at AJ Bell, said: “Surging gold and silver prices are not just good news for the companies which dig the stuff out of the ground. It’s also a time to shine for pawnbroker and jeweller Ramsdens – which has delivered a sizeable upgrade to profit guidance.
“It’s hard to know just how long the good times will last, but for now Ramsdens is enjoying a golden period. Shareholders will be encouraged to see the company building on a position of strength by continuing to roll out new stores.”
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