The Fall in Gold Prices Has Affected Young People in Mainland China, and some of Them Have Suffered Significant Losses | Safe-Haven Assets

The gold market in 2025 is like a thrilling roller coaster. After a crazy rise at the beginning of the year, the gold price has recently experienced a "big dive", catching many investors chasing "safe haven" assets off guard. Financial industry practitioners in Shenzhen suffered a floating loss of 80,000 yuan (RMB, the same below) due to accumulated gold in less than a month, part of which was actually from credit loans. This is just a microcosm…