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

According to the Wisdom Financial News APP, on April 30, the World Gold Council stated in an article that the high gold price and weak seasonal demand may put pressure on the demand for gold jewelry consumption in the Chinese market in the second quarter, but the dual attributes of gold as jewelry and investment products are expected to provide some support for its overall demand. Investment demand for gold in the second quarter may remain strong, as factors such as trade frictions, concerns about economic growth, and investors' expectations of interest rate cuts may further enhance the attractiveness of gold. In addition, the entry of Chinese insurance funds is also expected to provide long-term support for domestic physical gold demand.