China's 2017 gold consumption rises 9.4 pct to 1,089 tonnes

Gold consumption in China grew by 9.41 percent from the previous year to 1,089 tonnes in 2017, state television CCTV reported on Thursday, citing figures from the China Gold Association.

Gold output in China, the world’s largest producer of the metal, fell by 6.03 percent from the year before to 426.14 tonnes in 2017, CCTV said.

China's 2017 gold consumption rises 9.4 pct to 1,089 tonnes