Along with the dramatic change of gold price market, gold investment is becoming of a hot topoc in China thus intruguing many people to engage in it.
The gold price at Shanghai gold Exchange has reached 190 Yuan, about 25 U.S. dollars per gram. And the market price for gold products has jumped three times with one month, reaching 206 Yuan, more than 27 U.S. dollars per gram last week.
People are swarming into gold shops to buy all kinds of products. Caibai, Beijing's largest gold jewellery retailer, is always bustling with interested shoppers.
"It is quite beneficial to buy gold products, whether for personal use or as a family investment."
Zhang Yongtao, vice-chairman of the China gold Association, also says there are potential benefits in investing in gold.
"gold is the hard currency that accepted by all countries. It has more function in value preservation than purely investment. Therefore, it is more suitable for long-term investment."
Currently, people have many different ways to invest in gold. Experts suggest that gold jewellery is not the best choice for investment, since processing fees are also contained in the price.
