![]() ![]() "It's like a scheduled investment - the weekly investment amount is acceptable to me based on my salary. By investing 830 yuan each week, Wang can expect to get a 50-gram gold bar in about seven months. Various gold ETFs are provided on the investment channel and purchases can be conducted via an online investor survey.Ī new campaign on Alipay has attracted Wang's interest. Wang said such investments via Alibaba's financial arm Alipay are quite convenient. My only regret is that I have not invested enough in it," she said. "All the other wealth management products I have chosen are reporting losses, while the gold ETF has been quite bullish. Allocation to gold-based exchange-traded funds, or ETFs, is important to her investment portfolio, as it is the only asset that has churned out positive returns so far this year. Wang Nianwei, a 32-year-old marketing specialist at an advertising agency in Shanghai, has been investing in gold for over five years. ![]() But the successful first attempt last year will prompt me to direct more of my savings to gold bars," said Ye. This is the major reason why I buy gold jewelry and bars. "I always prefer products that can maintain and increase their value over time. The price soon jumped to 425 yuan at the beginning of this year, which means I have seen the investment return approaching 11 percent in six months," she said. "I bought the first gold bar in June when the gold price was 383 yuan ($54.2) per gram. Starting with gold jewelry such as rings and bracelets, her interest switched to gold bars last year. Ye Huiling, a 25-year-old middle school teacher in Shenyang, Liaoning province, has been purchasing gold products for the last three years. Salespeople showcase gold products to customers at a jewelry store in Renhuai, Guizhou province, on May 11.
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