1 thought on “Analysis of the Situation of Golden Supply and demand”

  1. Supply side: Gold production has continued to decline
    In recent years, the mining rights of mining rights in the nature reserve in my country, the revenue policy of mining rights, and the depletion of mining resources have caused the production of mineral gold in key cash in Henan and Xinjiang, Fujian Essence According to statistics from the China Gold Association, in 2021, my country produced a total of 443.6 tons of gold, a year -on -year decrease of 7.5%.
    Among them, the supply of domestic gold raw materials is tighter. The use of domestic raw materials to produce 329 tons of gold, a decrease of 10%year -on -year, and the output declined for five consecutive years.
    The domestic gold mine output has declined, which has caused domestic gold raw materials to supply tightly, and gold imported raw materials have become an important supplement to my country's gold production. In 2021, the use of imported raw materials to produce 114.6 tons, an increase of 0.4%year -on -year.
    The demand side: Gold jewelry demand dominated
    2020 was shaded by the epidemic, and domestic gold consumption was weak. In 2021, domestic gold demand rebounded, and the national gold consumption was 1,121 tons, a year -on -year increase of 36.5%.
    In 2021, the consumption of gold jewelry was 711.3 tons, an increase of 45%year -on -year; the consumption of gold bars and gold coins was 312.9 tons, an increase of 26.9%year -on -year; Essence
    -The above data refer to the "China's Gold Industry Market Prospective and Investment Strategic Planning Analysis Report"

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