Records Show China Used 30% More Gold in 2021

February 7, 2022 14:03:56

Last week, the China Gold Association released data indicating that the total consumption of gold in the country in 2021 increased by more than one-third from 2020 as the country’s economy rebounded from the COVID-19 impact.

In this latest report, consumption of gold in the country increased by 36.5% year on year, hitting roughly 1,121 tons. It had also risen by 11.8% when compared with the…

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