Ray Jia
Ray joined the World Gold Council in early 2019, and works within the Research team as the Research Head, China. He previously held position with China Industrial Futures Ltd, focusing on the market analysis for major commodities classes and international macros for both individual and institutional investors.
Ray has a Bachelor’s degree in Corporate Finance from the Adelaide University in Australia, and a Master's degree of Investment from Pace University in the US.
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in March: Chinese gold ETF holdings reached a record high
Ray Jia
Research Head, China World Gold CouncilThe low-return environment in Australia and gold’s role
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in February: local gold price premium rose further as gold consumption improved
Ray Jia
Research Head, China World Gold CouncilChinese gold consumption booms during the 2021 Chinese New Year holiday
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in January: The Shanghai-London gold price spread turned positive amid higher wholesale physical gold demand
Ray Jia
Research Head, China World Gold CouncilChina’s gold market in October: higher jewellery retail sales, seasonally lower wholesale gold demand
Gold prices saw marginal declines in October. Even though the US presidential election and a significant rebound in COVID-19 infection cases in many regions kept uncertainty elevated globally, climbing real interest rates in key markets such as the US and China weighed on local gold prices. As a result, the SHAUPM (RMB) and LBMA Gold Price AM (USD) fell by 1.8% and 0.4% respectively in the month.
Ray Jia
Research Head, China World Gold CouncilChinese commercial banks’ retail gold business in 2019: investment demand up, physical gold sales down
Ray Jia
Research Head, China World Gold CouncilWhat does China’s economic revival mean for gold?
Gold demand in China, in particular, investment demand, has benefited from rising concerns for the economy as well as the lowered opportunity cost amid the COVID-19 outbreak and the central bank’s response to it. But with signs of a potential economic recovery emerging, can we expect gold’s attractiveness as a safe haven in China to fade? We believe that the answer is ‘No’.
