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For four years China into the world''s first gold producer

Date: 2011-2-19                 Click: 1902

    Report from our correspondent in recent years with the gold as a hedge against inflation, financial risk function appears day by day, the domestic people to hold physical gold interest continue to increase, according to the China Gold Association latest statistics showed that in 2010, China's gold consumption amounted to 571.51 tons, an increase of more than two, including gold, gold as the main investment in physical gold variety, the demand growth rate significantly more than the gold jewelry.

    Data shows, 2010 China's gold demand 571.51 tons, 100.21 tons more than last year, a year-on-year increase of 21.26%. In total demand, the total demand for 515.61 tons, grow 21.72% compared to the same period last year, of which gold jewelry 357.12 tons, year-on-year growth of 5.16%; 141.88 tons of gold, an increase of 93.59%; gold, 16.61 tons, grow 55.23% compared to the same period. Industrial gold demand is 47.38 tons, grow 17.60% compared to the same period. Other gold demand is 8.52 tons, grow 14.98% compared to the same period last year.

 
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