EconomyJewellery shops close as Chinese consumers turn to gold bars and coins
Most gold jewellery shops that once lined Biyang’s main commercial street in Henan have shut as prices remain high and volatile and fewer marriages weaken demand. A local kindergarten teacher said the small county once had more than 20 gold shops, but she estimates over two-thirds have closed.
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South China Morning Post★★☆☆☆2026-09-10 05:44Original
Jewellery shops close as Chinese consumers turn to gold bars and coins
Economy