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'r h' Rebate Network News According to the latest statistical data released by the China Gold Association on Tuesday (May 3), in the first three quarters, the country's cumulative gold production decreased by .tons compared with the same period last year. Down.%. Among them, the production of gold from gold mines was . tons, a decrease of .% compared with the same period last year. Non-ferrous by-product gold production was . tons, a decrease of .% compared with the same period last year. Both fell
'r h' Affected by the gradual decline in gold ore grades and the continued fluctuation of low gold prices, the growth of gold output has been weak in recent years. In particular, Shandong has carried out large-scale inspections, rapid rectification and strict law enforcement actions against non-coal mines, and individual gold mines have suspended production. , resulting in reduced output.
'r h' At the same time, the China Gold Association also said that in the first three quarters, national gold consumption was . tons, a year-on-year decrease of .%. Among them, the consumption of gold for jewelry. tons decreased by .% year-on-year. The consumption of gold bars increased by .% year-on-year. Among them, the consumption of gold for standard small gold bars increased by .% year-on-year. tons. The consumption of gold coins increased by .%. Industrial and other Ton of gold used, a year-on-year increase of .%.