According to the latest statistics from the China Gold Association: In Q1 2026, gold production from domestic raw materials amounted to 81.065 tons, a decrease of 6.178 tons year-on-year, down 7.08%; gold production from imported raw materials reached 55.165 tons, an increase of 1.578 tons year-on-year, up 2.94%. Total gold production from both domestic and imported raw materials was 136.230 tons, a decrease of 4.600 tons year-on-year, down 3.27%.
In Q1 2026, China's gold consumption stood at 303.292 tons, an increase of 4.41% year-on-year. This includes: gold jewelry at 84.620 tons, down 37.10% year-on-year; gold bars and coins at 202.062 tons, up 46.40% year-on-year; and industrial and other gold use at 16.610 tons, down 7.43% year-on-year. (China Gold Association)