Scavenging for gold in Guatemala

Dangerous conditions no deterrent to hunt for precious metal whose price has risen sharply amid a global economic slump.

    Many sectors of the global economy may be struggling in the recession, but precious metals remain a valuable commodity.

    Over the last 10 years, the price of gold has risen sharply, peaking at $1,921 an ounce in September and now hovering around $1,730 an ounce.

    In the first of a four-part series on how people are taking extreme measures to get their hands on precious metals, Al Jazeera takes a look at Guatemalans who are braving dangerous conditions to search for gold.

    David Mercer reports from Guatemala City, the capital.

    SOURCE: Al Jazeera


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