‘Explosive’: why China’s gold recycling industry is growing at record speed

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China’s gold recycling industry is expanding at its fastest pace in a decade amid sustained fervour in the bullion market and strong investment demand that have fuelled a wave of new entrants into the market, latest data showed.Business registrations in the sector – which involves firms buying gold bars and jewellery and reselling it – surged 78.74 per cent in 2025 from a year earlier to 740, according to a report published by Chinese corporate data tracker Qichacha. That marked the fastest...