Mass Closures in China’s Gold Shops, Chow Tai Fook Shuts 905 Stores, Gold Tax Forces Refusals
Mass Closures in China’s Gold Shops, Chow Tai Fook Shuts 905 Stores, Gold Tax Forces Refusals
Udumbara
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In recent days, while global gold prices have dropped, prices in China have continued to climb. Many gold shops across the country have reportedly closed, and some are refusing to buy back gold from customers. Analysts say China’s gold market is showing clear signs of decline.
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