An unnamed Wuhan man bought five kilograms of gold in a local shopping mall on Saturday, at a cost of 1.38 million yuan ($224,580).
The man paid 277.3 yuan ($45) per gram of gold at a dealership in Wuhan’s Shimao Guangchang shopping center. The transaction took seven employees over an hour and a half to process with 500 separate invoices.
"We've sold millions of yuan in gold before, but rarely do we do separate invoices for more than 10 pieces at a time," a salesclerk said.
Despite the lackluster global market, consumption of the metal in China has been on the rise in the last few years.
[Image via Flickr]
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