Less Hongkongers have bought gold jewellery this year as the pandemic has ruined wedding plans and other celebrations. Photo: Winson Wong
Less Hongkongers have bought gold jewellery this year as the pandemic has ruined wedding plans and other celebrations. Photo: Winson Wong
Weddings

Gold jewellery sales down 80 per cent in Hong Kong this year as Covid-19 puts paid to weddings, birthday parties

  • The number of marriages in the first 10 months of 2020 fell 40 per cent, dulling demand for gold jewellery, a traditional Chinese gift for newlyweds
  • While jewellery sales have tanked, the price of the precious metal has gone through the roof as investors sought safety from myriad global uncertainties

Less Hongkongers have bought gold jewellery this year as the pandemic has ruined wedding plans and other celebrations. Photo: Winson Wong
Less Hongkongers have bought gold jewellery this year as the pandemic has ruined wedding plans and other celebrations. Photo: Winson Wong
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