Despite near-record prices, a gold rush is gripping Asia, with long lines forming to purchase gold bullion in Vietnam and gold bars selling rapidly in Korea's convenience stores and vending machines. Asian retail buyers remain keen on acquiring more of the precious metal, with consumer demand expected to stay strong throughout the year. In India, rising gold prices are driving consumers towards lab-grown diamonds as an alternative.
Asian Consumer Demand For Gold Seen Staying Strong This Year - BBG https://t.co/4eWE5ctpwm
Asian retail gold buyers are still keen to purchase more of the precious metal even as prices hover at elevated levels https://t.co/SL4DNXfHmK
🇺🇸 Why diamond merchants are placing bets on incoming surge of wedding engagements https://t.co/zsDiLRapGk
Asians can't get enough of gold: https://t.co/fmC1JypCj8
Gold Rush: Long Lines to Purchase Gold Bullion in Vietnam: https://t.co/YgSNM5MKA0 Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines: https://t.co/eVzMXphnMg $GLD $XAUUSD https://t.co/1CfXeNnHv3
Rising #gold prices drive #Indian consumers towards lab-grown #diamonds https://t.co/aWwz3eYtAF
Gold rush grips Asia despite near-record prices https://t.co/yXnV913JoV https://t.co/ODCnwWkquh