In Q2 2024, China’s dominance as the world’s largest gold market suffered as the demand for gold jewellery plunged by 35% compared to the same time previous year, according to the World Gold Council. But as China injects about $70 billion into its financial markets, will the demand for gold regain demand for the metal that is constantly seeing a rise in global prices.
Roland Wang, China Regional CEO of the World Gold Council in an interview with Shilpa Dhamija affirms that things will turn around in Q4 2024. Read full exclusive interview here