• +1 (312) 549-9986

Gold $4,420.81 $61.6 1.41% Silver $76.44 $2.9 3.95% Platinum $2,258.60 $94.1 4.35% Palladium $1,713.05 $59.22 3.58%

Young Chinese spurn traditional investments in favour of gold

Young Chinese spurn traditional investments in favour of gold

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]

Leave your comment