China Gold Association: Q1 gold consumption increased by 4.41% year-on-year, and the amount of gold ETF holdings increased by 115% year-on-year.

According to the latest statistics from the China Gold Association obtained by CITIC Finance APP, in the first quarter of 2026, China's gold consumption was 303.292 tons, an increase of 4.41% year-on-year. Among them: gold jewelry consumption was 84.620 tons, a year-on-year decrease of 37.10%; gold bars and coins consumption was 202.062 tons, a year-on-year increase of 46.40%; industrial and other uses of gold was 16.610 tons, a year-on-year decrease of 7.43%.