Platinum draws fresh interest from China's jewelers as gold prices test buyers' wallets

Consumers in China are pulling back on gold jewelry purchases as prices of the yellow metal near record highs.

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• Chinese jewelers are increasing platinum imports due to declining gold jewelry sales.
• Gold prices hit record highs, deterring Chinese buyers despite their cultural attachment to gold.
• Platinum's lower price makes it an appealing investment, but gold still dominates.

Chinese jewelers are snapping up platinum as they seek...