China’s Largest Jewelry Retailer Reports Strong Gross Sales Regardless Of Lockdowns

Investment motives had been a outstanding driver of gold jewellery purchases as the need for value preservation intensified given COVID-related uncertainties and a weak RMB. As a outcome, quasi-investment 24k gold jewellery merchandise with high pricing transparency and low labour costs gained in popularity. This is pushed by the reality that every day household inflation is but to sober down utterly impacting consumption amongst lots or people with low-to-mid income Jewelery News ranges. Overall consumption…