WGC: Continued surge likely in gold investment demand in China market

The World Gold Council has forecast a continued surge in gold investment demand in China albeit at a moderated pace this year, following strong investment growth of coins and bars in 2024.

Factors contributing to the possible growth include fluctuations of other assets' performances — like the stock market, the high investment returns of gold last year, continued interest rate declines and the central bank's gold buying, all buoying investor sentiment.

Wang Lixin, regional CEO of WGC (China), said, "With domestic interest rate drops potentially exceeding our projections and possible renminbi fluctuations, we anticipate increased demand for gold investment in China."