As global gold prices surge from inflation and recessionary concerns, Chinese consumers are rushing to buy more of the precious metal in anticipation of further increases, resulting in a significant boom in spot gold trading in the country.Ms. Li, an investor in Beijing, says she wants to invest in gold to hedge her risk."In fact, I still regret not buying gold at more than 390 yuan (roughly 58.25 U.S. dollars) per gram at the beginning of this round of work resumption. That price was attractive, and I didn't expect it to go up suddenly. So, I’ll purchase some now," said Li.Mr. Lu, a professional investor, also has his eye on gold investment opportunities and purchased 200 grams."I took a long position for gold last August. The price at that time was around 360 yuan (about 53.77 U.S. dollars) each gram and now I have earned 40 yuan (nearly six U.S. dollars) from a gram of gold," explained Lu.According to gold retailers in the capital city, sales for investment gold have gone up more than 20 percent since the start of the month compared to last year."Gold sales after June 6 have surged 50 percent compared to late May. Investors prefer investment gold products of 500 grams or one kilogram," said Yin Qingkuo, a manager of China Gold's flagship store.After hitting a high of 2,069 U.S. dollars per ounce in March this year, the global gold price sank to around 1,787 U.S. dollars per ounce.Market insiders predict prices of the bullion will rise in the near future due to an increase in inflation and recessionary risks.