Investment gold retailers move into vacant Hong Kong high-street shops on metal’s rise

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The rise in gold prices has spurred an influx of investment gold retailers into Hong Kong's high-street shopping districts. These retailers, specializing in gold coins and bars, are occupying previously vacant ground-floor spaces. San Gold Coins, a mainland Chinese bullion retailer, has rapidly expanded in Hong Kong, opening three stores in prime locations and planning further expansion due to high demand for investment gold. This trend of investment gold retailers moving into vacant spaces has been followed by the return of high-end jewellery vendors, contributing to the stabilization of rents in Hong Kong's expensive districts. While traditional jewellery merchants are common, investment gold retailers are a relatively new phenomenon in Hong Kong.
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