Lee Duna@lemmy.nz to

Damn, that's interesting!@lemmy.mlEnglish · 1 year ago

To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.

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To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.

Lee Duna@lemmy.nz to

Damn, that's interesting!@lemmy.mlEnglish · 1 year ago

Context :

https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown

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Jackolantern@lemmy.world
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1 year ago
Would anyone know how much is that ingot in the market?
- dansity@lemmy.dbzer0.com
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  1 year ago
  Gold price is like stocks, goues up and down. Check price / kg here https://goldprice.org/
  - Pseu@kbin.social
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    1 year ago
    So 1kg is around 61,000 USD at the moment.

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