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China's gold production increased in Q1 2025, but consumption fell due to high prices and economic factors.
China's gold production rose by 1.49% in the first quarter of 2025, reaching 87.24 tonnes.
Despite this increase, overall gold consumption fell by 5.96% to 290.49 tonnes.
Gold jewelry consumption dropped significantly by 26.85%, while gold coins and bars saw a 29.81% increase due to economic uncertainty.
Gold-backed exchange-traded funds also saw growth.
The association attributes the decline in jewelry consumption to high gold prices.
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La producción de oro de China aumentó en el primer trimestre de 2025, pero el consumo cayó debido a los altos precios y a factores económicos.