LAS VEGAS (KTNV) — With gold and silver prices reaching record highs, locals are flocking to pawn shops across the Las Vegas Valley to buy and sell the metals.

"It's a good investment," Randolph said.

WATCH | What to know about the rising prices of these precious metals Las Vegas shop sees surge in business as gold reaches $4,000 per ounce, silver hits $50

Jihad Randolph has been investing in gold and silver for many years. The California visitor decided to stop by several valley pawn shops to see what he could find.

Randolph says investing in precious metals gives him peace of mind when the economy feels uncertain. Right now, he's focused on buying, hoping prices will continue climbing so he can sell once they peak.

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"I'd rather spend money on gold, and I can always make money

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