Economic Watch: How surging prices fuel China's golden week gold rush?

NAMPA / Xinhua

2025-10-11

BEIJING, Oct. 11 (Xinhua) -- As global gold prices have soared since the start of the year, China's domestic gold market has followed suit, extending its upward trend and sparking a shopping spree during the country's "Golden Week" -- the combined National Day and Mid-Autumn Festival holiday, which ran from Oct. 1 to 8. Latest value-added tax invoice data from the State Taxation Administration reveals that surging gold prices drove a year-on-y......

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