China’s gold consumption rises 1.23% in H1, jewelry sales slump while investment demand soars - China Gold Association - KITCO
China’s gold consumption rises 1.23% in H1, jewelry sales slump while investment demand soars - China Gold Association - KITCO
Source: KITCO
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DW NOTE
Chinese households have stopped buying jewelry and started buying bars. That's not a consumption pattern, it's a vote of no confidence in the yuan's purchasing power — delivered in 24-karat ballots.