2016年CRI Consumer Zest Remains Strong despite Rising Gold Price

 

International gold price witnessed a marked weekly rise of more than 7 percent in the early February. This is the fastest weekly growth in 7 years. But, consumers throughout the country remained passionate¹ for purchasing gold despite the sharp rise.

The Caibai Jewelry² in the Chinese capital Beijing has reflected the bustling³ gold market in China somehow; many people are looking for gold products.

Li Yang is the gold stock analyst⁴ with the Beijing Caibai Jewelry.

"The lowest international gold price in the year hit 1,061 U.S. dollars [per ounce]. The international gold price picked up to reach 1,263 U.S. dollars [per ounce]."

In a gold jewelry shop in Shijiazhuang, capital city of Hebei Province, Ms. Li, a customer says:

"The rise in gold price has little impact on my desire to buy gold. I just want to buy some small items."

The manager of the gold shop explains:

"The rise in gold price has not dampened consumers' zest⁵ for gold jewelry. Most of them come here for the gold jewelry in the shape of monkey. The gold jewelry like bracelets⁶, pendants and zodiac gold bars sell well. The sales volume is up 30 percent year-on-year."

A financial manager elaborates that the gold market is attracting more investers this year.

"The purchase volume, demand and zest for gold are all higher compared with last year. Many investors⁷ are paying attention to this market again."

Down south, in a shopping mall in Guangzhou, capital city of south China's Guangdong Province, a series of gold jewelry sales campaigns have attracted a large number of consumers.

Liang Jianfeng is a chartered gold investment analyst.

"As people feel pessimistic after the Federal Reserve raised interest rate and other investing channels, like the stock market, are sluggish⁸ around the world, I think consumers' passion for gold will remain for a while."

Market insiders said the demand for gold will keep increasing due to the global economic recession and turbulence⁹ in the stock market.

According to a report released by the World Gold Council, the demand for gold from the global market in 2015 was virtually unchanged compared with 2014.

Roland Wang is the Managing Director of World Gold Council in China.

"There was a relatively¹⁰ lower price point in the fourth quarter of 2015, thus the investors entered the market and increased purchases of gold for investments."

The World Gold Council said China and India were the mainstays of the global market, with their total demand accounting¹¹ for nearly 45 percent of the global demand.

1 passionate   

adj.热情的，热烈的，激昂的，易动情的，易怒的，性情暴躁的

参考例句：

• He is said to be the most passionate man.据说他是最有激情的人。
• He is very passionate about the project.他对那个项目非常热心。

2 jewelry   

n.（jewllery）（总称）珠宝

参考例句：

• The burglars walked off with all my jewelry.夜盗偷走了我的全部珠宝。
• Jewelry and lace are mostly feminine belongings.珠宝和花边多数是女性用品。

3 bustling   

adj.喧闹的

参考例句：

• The market was bustling with life. 市场上生机勃勃。
• This district is getting more and more prosperous and bustling. 这一带越来越繁华了。

4 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

5 zest   

n.乐趣；滋味，风味；兴趣

参考例句：

• He dived into his new job with great zest.他充满热情地投入了新的工作。
• He wrote his novel about his trip to Asia with zest.他兴趣浓厚的写了一本关于他亚洲之行的小说。

6 bracelets   

n.手镯，臂镯( bracelet的名词复数 )

参考例句：

• The lamplight struck a gleam from her bracelets. 她的手镯在灯光的照射下闪闪发亮。 来自《简明英汉词典》
• On display are earrings, necklaces and bracelets made from jade, amber and amethyst. 展出的有用玉石、琥珀和紫水晶做的耳环、项链和手镯。 来自《简明英汉词典》

7 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

8 sluggish   

adj.懒惰的，迟钝的，无精打采的

参考例句：

• This humid heat makes you feel rather sluggish.这种湿热的天气使人感到懒洋洋的。
• Circulation is much more sluggish in the feet than in the hands.脚部的循环比手部的循环缓慢得多。

9 turbulence   

n.喧嚣，狂暴，骚乱，湍流

参考例句：

• The turbulence caused the plane to turn over.空气的激流导致飞机翻转。
• The world advances amidst turbulence.世界在动荡中前进。

10 relatively   

adv.比较...地，相对地

参考例句：

• The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
• The operation was relatively painless.手术相对来说不痛。

11 accounting   

n.会计，会计学，借贷对照表

参考例句：

• A job fell vacant in the accounting department.财会部出现了一个空缺。
• There's an accounting error in this entry.这笔账目里有差错。