Chinese gold demand slumped in third quarter, prompting questions whether structural factors are at play. A scene from the South Korean romantic comedy Like For Likes featuring two millennials who do most of their flirting on Facebook. Photo: SCMP Handout

Chinese gold demand tumbles 22pc in third quarter as higher price curbs demand

World Gold Council data shows Chinese demand plunge in the third quarter amid changing consumer preferences, price-induced selling and rise of experience-seeking millennials

Topic |   Commodities

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Chinese gold demand slumped in third quarter, prompting questions whether structural factors are at play. A scene from the South Korean romantic comedy Like For Likes featuring two millennials who do most of their flirting on Facebook. Photo: SCMP Handout
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