30.6 C
Surat
Friday, March 14, 2025
30.6 C
Surat
Friday, March 14, 2025

Why Are Chinese Consumers So Keen on Gold?


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Shubei, in southern China, is home to one of the world’s biggest retail markets for gold. Over the past year, it’s seen a boom in demand for the jewelry, sold by thousands of stallholders, as the Chinese property crisis and slowing economy spurred a flight into gold. So much so that Chinese consumers helped propel the global gold price to record highs in 2024.



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