China's gold output sees steady growth in Q1 of 2025

China's gold output saw steady growth in the first quarter of 2025, according to industry data published on Monday.
China produced 87.24 metric tons of gold in the first quarter, up 1.49 percent from the previous year, according to data released by the China Gold Association (CGA).
In the first three months, gold consumption in China stood at 290.49 tons, down 5.96 percent year-on-year, according to CGA data.
Specifically, consumption of gold jewelry in the Chinese market fell 26.85 percent compared with the same period last year to 134.53 tons, while gold bars and coins dropped 29.81 percent year-on-year to 138.02 tons.
Consumption of gold for industrial and other uses dropped 3.84 percent from the previous year to 17.94 tons from January to March, it said.