World Gold Council: China's gold investment demand may remain strong in the second quarter.

The World Gold Council believes that the high gold price coupled with seasonally weak demand may put pressure on gold jewelry consumption in the Chinese market in the second quarter, but the dual attributes of gold as both a piece of jewelry and an investment product are expected to provide some support for overall demand. In addition, gold investment demand in the second quarter may remain strong, as factors such as trade friction and investors' expectations of interest rate cuts may further enhance the attractiveness of gold. Furthermore, the entry of Chinese insurance funds is also expected to provide long-term support for domestic physical gold demand.