Group 1: Production and Supply - In the first three quarters, domestic raw gold production reached 271.782 tons, a year-on-year increase of 1.39% [1] - Imported raw gold production totaled 121.149 tons, marking a year-on-year growth of 8.94% [1] - The combined production of domestic and imported raw gold was 392.931 tons, reflecting a year-on-year increase of 3.60% [1] - By the third quarter of 2025, large gold groups in China achieved an overseas mineral gold output of 61.439 tons, up 18.39% year-on-year [1] Group 2: Consumption Trends - Gold consumption in China for the first three quarters was 682.730 tons, a decrease of 7.95% year-on-year [1] - Gold jewelry consumption fell to 270.036 tons, down 32.50% year-on-year [1] - Demand for gold bars and coins increased to 352.116 tons, a year-on-year growth of 24.55% [1] - Industrial and other gold usage rose to 60.578 tons, reflecting a year-on-year increase of 2.72% [1] - The performance of different gold product categories showed significant variance, with high-value jewelry products maintaining strong market appeal [1] Group 3: Market Dynamics - The gold industry is focusing on high-quality development, with several strategically significant exploration and development projects progressing steadily [1] - The rapid development of industries such as electronics and new energy is contributing to a steady recovery in industrial gold demand [1] Group 4: Central Bank Activities - Global central banks have been continuously increasing their gold reserves, with China adding gold for 11 consecutive months from November last year to September this year [2] - As of the end of September, China's gold reserves stood at 2303.52 tons [2]
前三季度我国黄金产量271.782吨