Home > News > Content
China's Rapid Economic Development, 2016 Total Gold Production In The First Half Lost To Consumer Demand
Aug 17, 2016

Gold is all good stuff, gold jewelry is not only adorn a match, is more than the value of RMB investment, first half of 2016, China produced 229.102 tons, compared with the same period last year, gold production increased by 0.368 tons, up 0.16%. Among them, mineral gold complete 192.323 metric tons of gold, up 0.33% over the last year.

Gold has completed ten major gold group minerals 77.45 tons, 40.27% of the total national mineral gold production. Among them, the China National Gold Corporation completed mineral gold 21.12 tons, accounted for 10.98%; Shandong gold group completed mineral gold 17.88 tons, accounted for 9.3%, zijin mining group company limited (domestic) complete mineral gold 12.74 tonnes, accounted for 6.62%; Shandong zhaojin group completed mineral gold 10.82 tons, accounting for 5.62%.

First half of 2016, national gold consumption was 528.52 tons, down 7.68%, with gold jewelry consumption 340.64 tons, down 17.38%; gold bars gold 128.19 tons, an increase of 25.33%, in which the standard small bars of gold, 31.03 tons, an increase of 646.63%; gold coins gold 12.9 tons, an increase of 17.27%; industrial and other gold 46.79 tons, down 0.3%.