Demand for gold jewellery spiked in China ahead of Valentine's Day as consumers pivoted away from other luxury gifts The ...
The current gold bull market began in the spring of 2024, fueled in large part by aggressive Chinese futures traders on the ...
“More and more are preferring smaller jewelry with better designs.” As a major importer, gold buyers in China often have to pay over the odds to secure bullion. But the so-called Shanghai ...
You can get in touch with Micah by emailing m.mccartney@newsweek.com. The Chinese are gobbling up gold despite its record-high price as U.S.-China trade tensions enter a fresh phase. Newsweek ...
Potential consumers browse gold jewelry at a store in Lianyungang, Jiangsu province on Jan 31. [WANG CHUN/FOR CHINA DAILY] The World Gold Council has forecast a continued surge in gold investment ...
A customer tries on gold jewelry in a shop in Huzhou, East China's Zhejiang Province on February 7, 2025. Photo: VCG Chinese consumers are rushing to buy gold, as gold prices continue to hit new ...
China, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset allocations as part of a pilot project, the country’s financial ...
China's 2025 Spring Festival holidays sparked a gold purchase rush among consumers, even as the price of spot gold hit a record of $2,830 per ounce on Tuesday. This indicates vibrant consumption ...
With just 36 stores in Greater China, the Hong Kong-listed company sold 3.5 billion yuan (US$482.7 million) worth of pure gold and gem-set jewellery in the first half of 2024, up 148 per cent from ...
China announced a pilot program to allow certain insurers in the country to invest in gold to diversify insurance funds and boost their risk management capabilities. The Chinese National Financial ...
said people “are cutting expenses”, adding that “more and more people are preferring smaller jewellery with better designs”. As a major importer, gold buyers in China often have to pay ...