Economic Watch: Gold sales boom before Spring Festival despite price hike

BEIJING, Feb. 6 (Xinhua) -- With the Spring Festival around the corner, gold sales continued to boom despite the soaring price.

At a well-known gold retailer in the city of Xi'an, northwest China's Shaanxi Province, consumers were snapping up New Year-themed gold products, including bars, necklaces and lucky beads.

"Buying gold jewelry for the Spring Festival is my family tradition," said a mother surname