Young Chinese Join Gold Buying Frenzy to Ring in the New Year

Young Chinese Join Gold Buying Frenzy to Ring in the New Year
Various gold jewelry at a jewelry shop in Hefei city in eastern China's Anhui Province on Nov. 10, 2009. STR/AFP/Getty Images
|Updated:
0:00

During the Chinese New Year holiday, China saw a significant surge in gold purchases, with young consumers notably joining the buying spree.

Finance experts say gold is increasingly viewed as a stable investment amid uncertain times and economic challenges in China. This trend aligns with the Chinese adage, “Antiques in times of prosperity, gold in times of chaos.”

Related Topics