June 4, 2020 / 6:05 AM / a month ago

China's May gold sales soar 54% m/m - state media

BEIJING, June 4 (Reuters) - China’s gold sales jumped 54% in May compared with a month earlier, according to a state TV report on Thursday, citing the China Gold Association.

Gold consumption in China almost halved in the first quarter due to sluggish demand amid the coronavirus containment measures and rising prices. (Reporting by Min Zhang and Tom Daly; Editing by Muralikumar Anantharaman)

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