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Hong Kongers rush to sell family jewels as gold glitters
Hong Kong residents rushed to sell everything from gold bars to rings this week, with people weighing family jewels and counting stacks of money as they scrambled to cash in on a record rally that pushed gold above $4,000 for the first time. At the Chong Kee Gold shop near Hong Kong's central business district, around 50 people queued outside the store with gold bullion, bracelets, necklaces and other jewellery, seeking to take advantage of prices that have soared 50 per cent this year. Theres Lam, a lawyer, in line outside the shop, said she was selling gold she had been hoarding for 20 years, a mix of bullion and ... (full story)
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- Oct 10, 2025 5:49am Posted byFundamental Analysis248
