New Gold Zone at 2025 International Jewellery Show boosts Hong Kong’s position as trading hub

The 41st Hong Kong International Jewellery Show kicking off on Tuesday, debuts the Gold Jewellery Zone at the Convention and Exhibition Centre, with international gold exhibitors drawn in.

The Hong Kong Trade Development Council (HKTDC) describes this new addition as a showcase for novel gold jewellery design, part of efforts to strengthen the city’s position as a global hub for gold jewellery trade.

Organised by the HKTDC, the Jewellery Show will run from 4 to 8 March, showcasing new product trends including affordable luxury jewellery, men's and unisex jewellery, sustainable development and jewellery technology. 

“Hong Kong is actively accessing both the technical support of mainland China and the international market, so I hold a strong belief that the gold market here will become increasingly prosperous,” said Winston Chow, director & deputy general manager of Chow Sang Sang Holdings International Ltd. 

HKTDC said that Hong Kong is leading in the gold product sector. Currently, manufacturers are conducting high value-added processes in Hong Kong, while shifting manufacturing activities to mainland China.

Atticus Zhu, the founder of Shenzhen Shangpin Gold Jewellery company exhibiting in the gold jewellery area, said that the consumers of the Hong Kong gold market accept the premium of labor cost on design to a greater extent than mainland Chinese customers, who are relatively more sensitive to the gold price.

“Hong Kong is the global hub for gold jewellery trade, providing a springboard to tap into various international markets,” he added. “For example, through Hong Kong, we reached out to the Malaysia market, a country with a 20% overseas Chinese population and has one of the most receptive markets for gold today. ”

The gold price rose more than 25% in 2024, the most significant annual gain in 14 years, as regional wars and political changes continued the uncertainty among consumers. The price continued climbing, reaching a record high of US$2,954 (HK$22,965) per ounce on Feb. 20, 2025, though it has retreated slightly in the past week. 

Suq Kasseem Ng Chin Wei, the director of Serene Gold Manufacturer Sdn. Bhd. from Malaysia, believed that the increase in gold price will benefit their sales because it can attract more customers to buy gold for investment purposes.   

In this year's budget speech, Financial Secretary Paul Chan Mo-po also announced proactive policies to promote the development and regulation of the gold market, with the Working Group on Promoting Gold Market Development set to formulate an implementation plan this year. 

Looking forward, Chow said the main risk in the gold market is fluctuation, which can be mitigated by working with complementary partners or suppliers.