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Gold scams rising in China as middle-class investors seek safe-haven assets amid weak stock market, property crisis

Published: April 1, 2024

Gold purchases have soared in China in recent years, with investors seeking safe-haven assets amid the weak stock market and ongoing property crisis, but a number of scams have been reported.

Source: scmp.com

Related Topics:

United StatesFred QiuNational Business DailyWorld Gold CouncilChina UpdateChina NewsSold In ChinaChina Middle ClassOld Related Investment ScamsFake Gold JewelleryMiddle ClassPrecious MetalZhejiang ProvinceWorld Gold CouncilGen ZFred QiuJewellery Brand

Why a weak yuan is spurring a retail gold rush in China

Published: September 26, 2023

The spread between the domestic and international price for the precious metal is at a decade high.

Source: scmp.com

Related Topics:

Chow Tai FookFred QiuFannie FangChow SangChina Gold