May 19, 2024
Investment

China’s youth shun diamonds in favour of gold, seeking safe-haven investment amid economic downturn

In China today, many identify with Huang’s consumption mentality, with domestic gold prices reaching new highs last year, and the retail market witnessing a gold rush. 01:31 Chinese consumers sell off old jewellery amid record high gold prices Chinese consumers sell off old jewellery amid record high gold prices And as China’s stock market struggles

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