Chinese investors believe in gold

World Gold Council/Staff/September 2020

graphic showing level of interest in gold among Chinese retail investors“China is a market of active retail investors with a strong affinity to gold. And there is a sizable pool of potential new investors. Our unique insights reveal opportunities for the gold investment industry to reach this audience, grab their interest and expand the market.”

USAGOLD note:  This survey is aimed at the gold industry itself as an encouragement to pursue latent gold demand in China, but it carries implications for current and would be Western investors as well. Tapping this huge market could lead to stronger demand, higher prices.  “24% of retail investors,” says the WGC, “have never invested in gold but say they would now consider doing so.”

Graphic image courtesy of World Gold Council

Repost from 9-9-2020

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