No question that retail demand locally for gold has taken root nostr:npub1ltz38gwwmmg740r5qlqjn96gth5thv5wmhkwlgqks9lu3485q7jsy6k4fh
There’s also been a rather clear signal from the powers-that-be for retail to allocate into gold.
Decent Reuters article on the subject where local Chinese gold ETFs have seen decent demand. Still, the Chinese can be notorious for chasing the “latest thing” in terms of investing.