Gold thefts on the rise - KWWL - Eastern Iowa Breaking News, Weather, Closings

Gold thefts on the rise

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The gold fever that has driven prices to an all-time high is also fueling a crime spree in the precious metal.  Police nationwide are seeing an uptick in robberies and burglaries related to gold prices, which peaked at $1,891 an ounce last month, up more than $600 from a year earlier.

The FBI doesn't keep numbers for gold thefts but local police departments have plenty of anecdotal evidence of a spike.  Dozens of women have had their necklaces snatched in daylight attacks, burglars are targeting gold in homes and robbers in New Jersey even cleared out a mining museum's irreplaceable collection of nuggets.

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