Gold

Gold

China’s New Year Buyers Look to Gold as Stocks and Property Crash

Gold has never been more expensive in China heading into the Lunar New Year, but consumers are still finding lots of reasons to buy the precious metal.

With stocks and property prices crashing, many investors are turning to gold as a safe haven for their money. The demand for gold is soaring as people look for ways to protect their wealth during uncertain times.

Despite the high prices, Chinese consumers are willing to pay a premium for gold as they see it as a reliable store of value. This trend is expected to continue as long as economic instability persists.