Page 19 - Bullion World Issue 11 March 2022_Neat

Bullion World | Issue 11 | March 2022

First, China's gold demand and enjoy quite strong
growth year on year. Nearly every aspect of the
demand including jewelry retail investment and gold
ETF. The grossed, not only year-on-year, strong growth,
but also has all passed the level in the year 2000
and 2019. Thanks to this stabilized epidemic, control
situation, China recovery economy, more favourable
gold price, effective effort, including the promotions by
the trade in new products development by the industry
and the refocus on gold from the younger consumers
especially.

Physical Gold Demand Strong Despite Lower
Trading Volumes

Mr Roland Wang
Regional CEO, China, WGC

WGC: China’s Gold Demand in 2021:
Strong YOY Growth

Jewellery, bar, and coin demand rebounded
strongly
Source: Shanghai Gold Exchange, World Gold Council

And the above chart actually shows, there's a due to
the various restrictions in commercial Banks, retail
brokerage business, and cooling gold prices rising and
momentum.

Heritage Gold Continues to Grab the Young’s
Attention

ETF holdings reached a record high

Source: National Bureau of Statistics, World Gold
Council

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