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China’s gold production rises, consumption declines

China’s gold production rose in the first half of this year, but consumption declined. By the end of June, China had produced 229 tons of gold. Consumers bought 529 tons in the first half of the year, a decline on the same period last year. China, the top gold producer in the world for nine straight years, produced 450 tons of gold in total in 2015, according to a China Gold Association report issued on Tuesday.

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