Forget locking gold away in bank vaults; the rich have found a new way to make their bullion work overtime. Gold prices are smashing records worldwide, and wealthy investors are no longer satisfied with waiting for prices to rise.

The hottest trend now is gold leasing, where owners "rent out" their idle gold to jewellers and refiners and collect interest like a monthly paycheck.

Industry experts say the game has completely changed.

“People are no longer just buying gold and waiting for it to hit $5,000,” Keith Weiner of Monetary Metals told CNBC, as investors rush to turn their gold into a money-making machine.

Even in India, demand has exploded. Lease rates that used to hover around 2–3% have suddenly shot up to 6–7%, powered by the festive season, wedding rush, and a shortage of gold

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