• +1 (312) 549-9986

Gold $2,386.73 $13.94 0.59% Silver $28.39 $0.12 0.42% Platinum $947.26 $4.83 0.51% Palladium $1,034.88 $8.65 0.84%

Blog posts tagged with 'investment'

Young Chinese spurn traditional investments in favour of gold
Wednesday, December 6, 2023

Dec 6 (Reuters) - Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have left them with dwindling options to save for rainy days in a sputtering economy.

The trend underscores heightening uncertainty about growth prospects in the world's second-largest economy, which has not recovered from COVID-19 lockdowns as fast as consumers and job hunters had expected...[LINK]