China’s Stock Plunge Burnishes Gold’s Appeal

Until recently, every time Hong Kong-based bullion supplier Padraig Seif would inquire about demand from customers, the answer would be the same: Business is quiet as all eyes—and money—turned to the surging stock market.

Suddenly, though, his sales are booming again in the wake of a plunge in Chinese equities and sliding gold prices.

Customers are now preordering their gold, something that rarely happens, he added.

China’s Stock Plunge Burnishes Gold’s Appeal