Gold jewelry, Year of the Dragon gold bars, gold coins, transfer beads, etc. are favored, and gold consumption has become a fashion.
In 2023, national gold consumption will be 1,089.69 tons, an increase of 8.78% compared with the same period in 2022. The year-end spot gold price in London was US$2,062.40 per ounce in December 2023. Global central bank gold purchase demand reached 1,037 tons, reaching the second highest level in history, a decrease of only 45 tons compared with 2022.