CGTN/Zhang Shixuan/11-26-2021
“The Chinese have had a long love affair with gold. The earliest traces of the precious metal were found in a royal tomb 3,000 years ago. And yet, the private purchasers of gold these days are predominantly young.”
USAGOLD note: Young China buying gold mostly in the form of jewelry has long-term positive ramifications for gold demand. Today’s young jewelry buyer will likely become tomorrow’s coin and bullion accumulator.
