Gold Sales and Buybacks Surge Amid Rising Bullion...
China News
March 26, 2024
As gold prices continue to climb, China experiences a surge in both sales and buybacks of the precious metal. Despite the elevated prices, consumer demand for gold remains robust in cities like Nanjing and Shenzhen, with sales buoyed by its perceived value and utility in jewellery and art. Additionally, a growing trend of trade-ins indicates a desire among consumers to upgrade their collections.