China`s gold consumption up 1.14% in Q1 to 326.68 tons
Source: www.chinamining.org Citation: China Knowledge Date: April 29, 2015
China saw its gold consumption grow 1.14% year on year to 326.68 metric tons in the first quarter of this year, according to a report released by the China Gold Association.
According to the statistic, about 226.23 metric tons of gold were made into jewelry in the first three months and 73.37 metric tons were used for gold bars and gold coins.
From Jan to Mar 2015, the industrial sector consumed 27.08 metric tons of gold.
China saw its gold output increase by 14.72% year on year to 110.7 metric tons in the first quarter of this year, including 88.27 metric tons made by gold mines.
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