How China Households Are Quietly Reshaping The Global Gold Market

Despite these fluctuations, Beijing’s Tianya Jewellery Market has seen increased foot traffic as buyers seek bargains, states the report. Hong Miao, a sales associate, noted in the WSJ report, “A ‘wait-and-see’ attitude dominates.” Some, like Jia Pei from Henan, have shifted to silver, hoping for higher gains while limiting risk. “I’ve begun hoarding silver,” she said. “Even if prices fall, it’s bearable.”