Most of the gold jewellery shops that once lined the main commercial street in Biyang, Henan province, have closed as gold prices hover at high but volatile levels and a decline in marriages dents demand. “Gold jewellery used to be very popular in our small county,” said 25-year-old kindergarten teacher Yu Qian,…
Jewellery shops shut down as Chinese consumers switch focus to gold bars and coins
Filed under: Industry News, Markets