90% of Gold in China Is Fake? Gold Shop Owner Reveals the Scams in the Gold Industry

90% of Gold in China Is Fake? Gold Shop Owner Reveals the Scams in the Gold Industry

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As gold becomes increasingly popular, both gold bars and jewelry are now viewed by many as the best options for preserving wealth during uncertain times. However, buying gold jewelry from retail shops in China requires extra caution. A growing number of gold products—whether bars or ornaments—are mixed with counterfeit materials. Not only do these products fail to hold their value, but they also expose buyers to a new kind of consumer trap that is difficult to detect and even harder to avoid.
This is not an exaggeration. A gold shop owner in China personally went on camera to expose hidden scams within the gold industry.

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