China Gold Output Halved in Q1 2017, While Consumption Remains Decent-Shanghai Metals Market

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China Gold Output Halved in Q1 2017, While Consumption Remains Decent

SMM Insight 03:12:13PM May 03, 2017 Source:SMM

SHANGHAI, May 3 (SMM) – According to China Gold Association, China produced a total of 101.197 tonnes of gold in the first quarter of 2017, down 10.366 tonnes or 9.29% from last year’s level.

However, China’s gold consumption was 304.14 tonnes (excluding export and gold financial investment) in Q1 2017, up 14.73% YoY.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

China Gold Output Halved in Q1 2017, While Consumption Remains Decent

SMM Insight 03:12:13PM May 03, 2017 Source:SMM

SHANGHAI, May 3 (SMM) – According to China Gold Association, China produced a total of 101.197 tonnes of gold in the first quarter of 2017, down 10.366 tonnes or 9.29% from last year’s level.

However, China’s gold consumption was 304.14 tonnes (excluding export and gold financial investment) in Q1 2017, up 14.73% YoY.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.