According to data from the China Gold Association, domestic gold production increased by 3.14% year-on-year to 251.66 tons in the first half of 2024. Among this, the production of domestic raw gold rose by 0.58% year-on-year to 179.63 tons, while the production of imported raw gold increased by 10.14% year-on-year to 72.03 tons.Gold consumption declined by 5.6% year-on-year to 523.75 tons, with gold jewelry decreasing by 26.68% year-on-year to 270.02 tons. On the other hand, gold bars and coins saw a year-on-year increase of 46.02% to 213.64 tons, and gold used for industrial and other purposes slightly decreased by 0.53% year-on-year to 40.10 tons. (ICE PECHINO)

Fonte notizia: China Gold Association