Gold jewellery consumption, which accounted for around two thirds of total gold consumption, fell 8.2 per cent to 676.23 tonnes. Photo: Bloomberg
Gold jewellery consumption, which accounted for around two thirds of total gold consumption, fell 8.2 per cent to 676.23 tonnes. Photo: Bloomberg

China’s demand for gold dropped 13 per cent in 2019 as marriages, births also plunged

  • Gold consumption in China plunged 13 per cent in 2019 to 1,003 tonnes, the China Gold Association says
  • Last year, births in China’s dropped to their lowest since 1961, while marriages reached their the lowest level since 2007

Gold jewellery consumption, which accounted for around two thirds of total gold consumption, fell 8.2 per cent to 676.23 tonnes. Photo: Bloomberg
Gold jewellery consumption, which accounted for around two thirds of total gold consumption, fell 8.2 per cent to 676.23 tonnes. Photo: Bloomberg
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