Gen Z in China is Betting Big on Gold Beans | Firstpost Trendspot

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Gen Z in China is Betting Big on Gold Beans | Firstpost Trendspot

China is seeing a surge in the sale of gold. Amid the country's worst deflation seen in the last 15 years, sale of gold is picking up pace. And this sudden surge is all because of the Generation Z. Gold purchase is being seen as one of the most sought after investment options by these youngsters who are trying to find their footing amid the looming economic crisis. But the generation is not buying gold coins and gold biscuits as an investment. So what's behind this gold rush? Watch our video to find out.

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China | Gen Z | Gold Beans | Gold Investment | Firstpost | World News | Latest News | Global News | International News | Trending News

#china #genz #gold #beans #goldinvestment #chinaeconomy #economiccrisis #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews

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China knows what real money is, Gold.

joeysocks
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China have a history of buying gold studded with diamonds which they prefer to wear.so buying gold and diamonds is not new to China.what they are not so interested about is the stock markets.china has a demand side constraint for which their economy is suffering.some of their macros are still stronger and stable than the US

samyadeepsengupta
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All fiat currencies are headed too their intrinsic value 0.
Silver and gold have been accepted as MONEY for 6000 and 5000 yrs respectively, all 4000 fiat currencies created by governments have died, these today are no different.

popsbubbles
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because China can make diamond in labs in big scale. diamond's price is dropping so quickly. Chinese gave up buying diamond jewelries.

djloiwf
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glad to see some Gen Z waking up to real money.

TDKK
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Celleding from different COUNTRIES in balochistan and Africa region

pubguc
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Looks like s scam to me. I hope for them that's real gold they are buying. 😅

adlerzwei
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First it's Real Estate, now it's Gold? It's metal that's good for nothing! This is nuts! And China is supposed to be business smart! This is nuts!

ervfdkn
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How is it "Gen Z"? Do you culture vultures know what this stuff means?

dan