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China’s gold consumption drops 3.5% in H1, jewelry sales fall while bar and coin demand surges - China Gold Association
China’s gold consumption fell 3.54% in the first half of 2025, according to the latest data from the China Gold Association (CGA). Gold consumption in China came in at 505.21 tonnes, the CGA said. The decline was especially pronounced in jewelry, with Chinese consumption of gold jewelry falling 26% compared with the first half of 2024 to 199.83 tonnes Meanwhile, consumption of gold bars and coins surged 23.69% to 264.24 tonnes in H1. Consumption of gold for industrial and other uses rose 2.59% from the previous year to 41.14 tonnes in the first half, the CGA said. The CGA data aligns with the latest numbers from ... (full story)
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- Jul 25, 2025 3:16pm Posted byFundamental Analysis466
