Chinese Gold Jewelry Demand Rebounds in Q3

24.11.01 News

China’s gold jewelry demand showed a quarter-on-quarter increase from July to September, despite high gold prices. The World Gold Council reports a 19% quarterly growth in the third quarter, although year-on-year consumption fell by 34%. The council anticipates a potential rebound in the fourth quarter, driven by seasonal factors like wedding jewelry demand and the upcoming Spring Festival.

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