Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for jewelry.
"Emerging market central bank purchases of gold have risen notably since the freezing of Russian central bank assets in 2022, following Russia's invasion of Ukraine." For example, China purchased ...
“There is further evidence that the high price level is having a visible dampening effect on Gold demand in China. According to data from the China Gold Association, Chinese Gold demand in the ...
Gold demand in China, the world's biggest consumer, plunged in Q3 as record prices and a sluggish economy hurt consumption, especially for jewelry, Bloomberg reported Monday. Total demand fell 22% ...
An employee sorts gold ornaments at a jewelry shop in Lianyungang, Jiangsu province. [PHOTO by SI WEI/FOR CHINA DAILY] China's mined gold output in the first three quarters of 2024 fell by 1.17 ...
(Bloomberg) -- Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for ...
Total demand fell by 22% to 218 tons in the three months to September, according to Bloomberg calculations based on data from the China Gold Council on Monday. Jewelry consumption tumbled 29% to ...