Economy
China's H1 Gold Output Falls 14.6%, Consumption Rises
China's H1 gold production fell 14.62% while consumption rose 1.23%, driven by mine safety inspections and a shift toward investment-grade gold.
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China's H1 gold production fell 14.62% while consumption rose 1.23%, driven by mine safety inspections and a shift toward investment-grade gold.
China's H1 2026 data signals economic recovery: logistics index at 50.6%, forex reserves at $3.4 trillion, gold reserves rise, water efficiency improves.
China's central bank added 480,000 ounces of gold in June, extending its buying streak to 20 months as reserves hit 75.4 million ounces.
China's forex reserves hit $3.4422 trillion in May 2026, the highest in over a decade, driven by asset price gains and gold buying.