Visitors from Mainland China literally precipitated jewelry stores in Hong Kong. For example, in the shops near the border — a real buzz, transmits Ntdtv.ru .
The fact is that the price of the precious metal in recent years has fallen sharply. This led to the top of the World sales of gold. For example, a little less than two weeks ago, the price per ounce fell to its lowest level in two years. This is particularly affected China, which is considered the world\’s second largest buyer of the metal, after India.
Albert Cheng, Managing Director of the World Gold Council for the Asia-Pacific region, said that the decline in prices has allowed buyers to return to the market, after last year\’s cost of the precious metal reached a record high.
Chow Tai Fook, one of the largest networks in the world of jewelry stores, said its sales in China, Hong Kong and Macau in the last week increased by 30-40%.
She notes that the most popular items are gold wedding bracelets with the image of dragons and phoenixes, bracelets, with floral and gold chains.
Hong Kong, a former British colony, is a center of gold trade in East Asia, as well as a major source of this metal for mainland China.