Strong Lunar New Year demand fuels China’s gold jewellery market
Chinese retailers are offering discounts on gold jewellery to attract customers ahead of the Lunar New Year, but prices are expected to rise after the holiday due to increased raw material costs.
Record gold price squeezes Moroccan jewellery sector
The surge in gold prices to over $5,000 an ounce is placing significant strain on Morocco's jewellery sector, leading many artisans to struggle or close their businesses due to reduced customer numbers.