Gold con­sump­tion con­tin­ues to grow

Global Times US Edition - - BIZMARKETS -

China’s gold con­sump­tion con­tin­ued to grow in the first three quar­ters of this year due to strong do­mes­tic de­mand.

Gold con­sump­tion went up 5.08 per­cent from a year ago to 849.7 tons in the Jan­uary to Septem­ber, the China Gold As­so­ci­a­tion said Tues­day. Gold jew­elry sales posted sta­ble growth and con­trib­uted nearly two thirds of the to­tal do­mes­tic gold con­sump­tion, while sales of in­dus­trial gold prod­ucts and oth­ers reg­is­tered the most rapid ex­pan­sion, at 24.68 per­cent.

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