The price of gold has increased by nearly 20 per cent in the first six months of 2020. Photo: Reuters
Coronavirus sent China’s use of gold plummeting in 2020, but demand for investment products rising
- Gold consumption in China shrank 38 per cent in the first half of the year, the China Gold Association said on Tuesday
- Demand for gold, traditionally bought as a bet against inflation and extreme conflicts, started to pick up in the second quarter
The price of gold has increased by nearly 20 per cent in the first six months of 2020. Photo: Reuters
