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flag China's gold production increased in Q1 2025, but consumption fell due to high prices and economic factors.

flag China's gold production rose by 1.49% in the first quarter of 2025, reaching 87.24 tonnes. flag Despite this increase, overall gold consumption fell by 5.96% to 290.49 tonnes. flag Gold jewelry consumption dropped significantly by 26.85%, while gold coins and bars saw a 29.81% increase due to economic uncertainty. flag Gold-backed exchange-traded funds also saw growth. flag The association attributes the decline in jewelry consumption to high gold prices.

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