A woman spent 3.5 million yuan on 13.55 kg of gold bars Sunday in northeast China's Jilin province. It has been the 7th year for her to keep buying the gold.

The Monkey Year gold bars issued by China Gold Coin Corporation officially entered the market of Jilin province Sunday. With a price of 267 yuan per gram, 90 kg gold bars were sold out immediately. 

"The gold sales in the past 10 years shows that people like to collect the gold, especially gold bars," said a staff member of the Jilin Gold Coin Corporation. With expectations for the Fed’s decision to increase the interest rate, the decline in International gold price accelerated in November, hitting a new low in six years. As of Nov. 28, the international gold price reached $1,057.88 an ounce and the domestic spot price of gold hit 219.2 yuan a gram. Therefore, the New Year gold bullion price also hit a new low since 2010. The relative low price created a new round of gold buying spree.

The staff member who sold the gold to the woman said the woman is around 50 years of age. It has been the 7th year for her to buy the New Year gold bullion. Last year she bought 10 kg of gold worth 2.7 million yuan; she bought the largest amount of gold this year with a value of more than 3.5 million yuan.