Beijing Caishikou
Department Store, a leading gold store
in the city, said its daily
sales reached 100 million yuan ($16.19
million) for the seventh straight
day.
Small jewelry items, such
as gold earrings, have been sold
out, but most buyers were interested
in investment items, such as gold
bars. The store said sales of
gold for investment doubled
recently.
Caishikou attributed its
brisker business to the falling price
of the metal.
Gold futures
for April delivery fell 9.4 percent,
the biggest one-day drop in 30 years,
to a two-year low at $1,360.6 per
ounce on the Comex division of
the New York Mercantile
Exchange.
Gold investment products
were selling for 274 yuan per gram,
and gold jewelry 378 yuan per gram
at the store on Wednesday.
（Editor：WangXin、Gao
Yinan）
