As Chinese consumption of gold jewellery slumps 34%, sellers look to markets abroad: WGC

Chinese gold jewellers are seeking opportunities in the Middle East and India with their advanced crafting technologies, as the industry struggles amid gold price volatility, the World Gold Council (WGC) says. At the most recent Jewellery & Gem World Hong Kong fair, buyers from the two regions accounted for most of the visitors, said Wang Lixin, China CEO of the WGC, the international association for the gold industry, in a recent interview with the South China Morning Post. The interest was...