• +1 (312) 549-9986

Gold $3,462.22 $42.02 1.23% Silver $32.33 $(0.37) -1.13% Platinum $974.74 $10.01 1.04% Palladium $947.50 $12.75 1.36%

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