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Why Chinese families are rushing to buy gold

Why Chinese families are rushing to buy gold

Summary

Many families in China are buying a lot of gold, but not mostly for making jewelry. A reporter visited China’s largest gold market to see why this is happening.

Key Facts

  • Chinese families are increasing their gold purchases.
  • Most of the gold bought is not for jewelry use.
  • The trend is significant enough to be called a "gold rush."
  • The report was made by Katrina Yu from Al Jazeera.
  • The focus is on China’s biggest gold market.
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