Gold Price

Jewellers expect the gold craze, which helped boost overall retail sales by 21 per cent last month, to taper off. Photo: Sam Tsang

Hong Kong retail sales climb 21pc as gold falls

Plummeting gold prices brought the city an additional HK$4.45 billion in retail sales last month as consumers took advantage of the slump to snap up jewellery and watches, although jewellers expect the gold craze will now taper off.