China Gold Association: H1 2026 Gold Production Down 14.62% YoY, Consumption Up 1.23%
In H1 2026, domestic raw gold production was 152.908 mt, down 26.175 mt YoY, a decline of 14.62%; imported raw gold production was 77.080 mt, up 3.402 mt YoY, an increase of 4.62%. Total gold production from domestic and imported raw materials was 229.988 mt, down 22.773 mt YoY, a decline of 9.01%.
Meanwhile, China's gold consumption totaled 511.412 mt, up 1.23% YoY. This comprised gold jewelry (132.133 mt, down 33.88% YoY), gold bars and coins (339.336 mt, up 28.42% YoY), and industrial and other uses (39.943 mt, down 2.90% YoY).