Why do Chinese people prefer to buy gold?

Data show that in 2016, a total of 453.486 tons of gold produced in China, which became the world's largest golden producer for 10 consecutive years. In 2016, the national gold consumption was 975.38 tons, and it became the world's first gold consumer country for 4 consecutive years. my country's gold consumption is first in the world for 4 consecutive years

5 thoughts on “Why do Chinese people prefer to buy gold?”

  1. Gold has the characteristics of preservation since ancient times, plus a certain good intention, so it has become the first choice for people to give or collect.

    It, why gold can be welcomed by everyone, and there are certain psychological reasons. In ancient times, the grassroots people were actually rare for one inch. Many people have worked hard for a lifetime, and they may not even have gold, so people have a strong longing for gold since ancient times. So now people's living standards are improved, and they will also make themselves satisfy their desire to collect gold.
    At the same time, the meaning of gold is also very good, symbolizing the wealth and expensive. Many people here get married. Nothing will send gold's necklace ring as a gift. Since gold is a symbol of wealth, it will also be used as a tool of "showing wealth". Generally speaking, if wearing gold jewelry on the body, people will feel that this person's financial ability is good. It gives a lot of MONEY, of course, it is not ruled out that it is an illusion.

    The also mentioned that gold can still be preserved. Of course, gold may also depreciate during the ups and downs of the gold market. Therefore, gold can also be used as an investment, purchased at low prices, and sold at high prices to earn the intermediate difference. But whether you choose to invest or collect, gold is the preferred collection. And now gold is not so difficult to get. Generally, thousands of dollars can still get a golden necklace for yourself.

  2. Chinese people like gold are historical reasons, and there are also modern economy. After integration, Chinese talents will love gold alone. In fact, many people are exploring this issue now. I have some personal understanding myself, because I see everyone discussing this issue, so I write some of my opinions and discuss with everyone. If there is something wrong, Local, you can propose it.

    The first Chinese people like gold are a golden culture inherited from history. The Chinese always believe that gold is a symbol of eternal and represents the most beautiful things in the world. Therefore, when China is married, gold jewelry is The essential wedding necessities are also the same in gifts to the elderly. The most popular old man is also gold jewelry, so gold has an important position in traditional Chinese customs.

    The people can see in daily life that people's love for gold is from the heart. This is an influence of Chinese history and culture. In ancient times There is Yan Ruyu, and the book has its own golden house. This sentence is the view of gold in traditional Chinese culture. In the middle and ancient times, the most important attention to scholars and the most important importance to gold, so now gold is a symbol of wealth of Chinese people.

    On economic perspective, China's RMB has begun to depreciate in recent years, so people naturally think of the benefits of buying gold in order to keep value for value, so that China's gold consumption has once again risen. In recent years, China has been in a period of economic transformation, and there are inevitably some difficulties in the economy. This is also one reason why people have begun to buy a golden capital.

    The influence of gold consumption in China, then China's gold consumption will be relatively stable. However, due to the increase in the future development of China and the increase in luxury goods in people's consumption, the slow gold consumption will gradually cool down. Once the renminbi is stable, the sales of gold will begin to fall. This should begin in the next three years. Of course, this is my personal opinion. You can refer to it.

  3. The Chinese prefer gold, just like the Chinese preferred numbers of the number 6 and eight, more of them are a habit.

    gold was used as currency in ancient times, symbolizing wealth. The ancients were pursuing gold and silver, and the number of gold a person symbolized the wealth of this person. Now, gold is not only a kind of wealth, but also a symbol of a beautiful blessing. When you get married, the wedding ring will buy gold, and the jewelry wearing earrings will also choose gold. Gold is more affordable than diamonds. Diamonds are things that Westerners like. In the cognitive habits of Chinese people, it is better to be gold. Whenever important moments such as marriage, engagement, etc., the purchase volume of gold will definitely increase significantly. This is the manifestation of the Chinese people's preference for gold. For Chinese people, giving gold is more face -to -face, and it can also represent our beautiful blessings.

    It, coupled with Brexit, Italian referendum, and uncertainty caused by Trump's election of the United States President, increasing the market's demand for gold in gold. Gold has a value -preserving function, and even if it is a price drop, it will not fall miserable. It is better to buy some gold to keep some gold in order to keep the money at the bank. Compared to some investment and financial management, investment gold is the most secure way. Especially for some people who are older, buying gold can not only wear themselves to show themselves, but also leave them to their children in the future. Anyway, it is also a lot of wealth. There are also some rich people who buy gold and leave them to children, which is also a psychological drive. The uncertainty of socio -economy, coupled with the depreciation of the RMB, is no longer a wise move, and the advantages of storage of gold have gradually emerged. How can Chinese people buy a lot of gold?

    The psychology of people's preference gold is a habit, what reason is needed. Since ancient times, gold has been very precious. It is a symbol of wealth and a symbol of status. Now, gold is a kind of investment preservation. Driven by the role, buying gold is the best choice.

  4. Golden condensing human hard work, banknotes represent the credit of the country, and hard work will not be fake. The national credit is more precious than gold, and it is not as good as paper.

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