China's Gold Demand Falls Since 2013 Amid Price Hikes

China's interest in gold jewelry has dropped by almost half since 2013.

This is mainly because gold prices have gone up and the economy isn't growing as fast.

Even though people are buying less gold by weight, they're actually spending more money on it.

This is because people see gold as a good investment.

Economic changes and shifts in population, like fewer marriages and births, also play a role in how much gold people want to buy.