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Ministry of industry and information technology: in the first quarter, China produced 107.4 tons of gold

May 05 2022 10:54:12     

Operation of gold industry in the first quarter of 2022

1、 Output increased year-on-year. In the first quarter, China produced 107.4 tons of gold, a year-on-year increase of 9.2%. Among them, 83.4 tons of gold were produced from domestic raw materials, a year-on-year increase of 12%; Using imported raw materials to produce 24 tons of gold, a year-on-year increase of 0.2%.

2、 Consumption fell year-on-year. In the first quarter, the national gold consumption was 260.3 tons, a year-on-year decrease of 9.7%. Among them, the consumption of gold jewelry was 168.9 tons, a year-on-year decrease of 0.2%; The consumption of gold bars and gold coins was 69.6 tons, a year-on-year decrease of 27.7%; The consumption in industry and other fields was 21.8 tons, a year-on-year decrease of 4.1%.

3、 Domestic gold prices increased year-on-year. In the first quarter, the fixed price of international gold spot was US $1942.2/oz, up 7.2% year-on-year, and the average price of domestic gold spot was 382.2 RMB/g, up 1.7% year-on-year.

4、 Futures turnover fell year-on-year. In the first quarter, the cumulative trading volume of all gold varieties of Shanghai Futures Exchange was 24000 tons (bilateral), a year-on-year decrease of 8.3%, and the trading volume was 8.4 trillion yuan (bilateral), a year-on-year decrease of 6.9%. The total turnover of all gold varieties in Shanghai gold exchange was 10000 tons (bilateral), a year-on-year increase of 2.6%, and the turnover was 3.7 trillion yuan (bilateral), a year-on-year increase of 5.2%.

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