Gold and Silver Crash, China’s Biggest Gold Hub Collapses, Hundreds of Thousands Lose Everything
Gold and Silver Crash, China’s Biggest Gold Hub Collapses, Hundreds of Thousands Lose Everything
Udumbara
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Gold prices dropped more than 400 US dollars in a single day. This left many new gold buyers in China feeling upset. One person online wrote, "The price fell by dozens of dollars in just a moment." A worker at a gold store said the buyback price changed more than a dozen times that day. Another person posted, "I just bought 4 grams of gold, and it's already worth less." Someone else added, "I bought in, and I've lost over 100 yuan on only 1 gram."
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