Rising numbers of gold jewellery purchases in HK amid gold price surge

發佈日期: 2025-10-07 22:42
TVB News
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Gold jewellery prices have reached record high levels in Hong Kong with one tael of gold, or around 37.4 grams, now costing close to 44,000 dollars. 

Some jewellery stores said this, in fact, has led to a surge in gold purchases in the city.     

Amid global instability and geopolitical tensions, gold prices have risen to a record high.
 
In this jewellery store in Mong Kok, the selling price for each tael of gold has reached close to 44,000 dollars. 

The rising figures have attracted many residents to the business to inquire more about purchasing gold jewellery.

This woman said she will continue to buy more gold, considering it to be an investment and noting the precious metal is better at keeping its value. 

While this woman said she came to the store to check up on the latest prices of gold, believing that they will only increase further. 

But some have yet to be convinced to make a purchase. 

This woman said the precious metal is too expensive, adding that it doesn't deserve the current price tag. 

This as Lau Hak-bun, the general manager of the jewellery store, believes both residents and tourists have increased their purchases of gold jewellery because the current period is considered a popular time for weddings. 

He believes that it is unlikely for gold prices to decline any time soon.  

Mr. Lau said the primary reasons for the surge of global gold prices include America's money printing policies and its recent government shutdown.

He suggested residents can better prepare for the continual rise of gold prices by buying more gold jewellery and diversifying their investments. 

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