The Chinese gold market is now the largest gold market in the world. From gold mining to gold imports, from physical gold trading to physical gold demand, China ranks number 1 in all global rankings. Central to the gold market’s evolution is the Chinese State, which has closely controlled and monitored the market’s development since its liberalization in the early 2000s. The State, through the central bank, has also been quietly, and of late not so quietly, building up and announcing increases to China’s mammoth official gold reserve holdings.
This infographic by BullionStar.com guides you through all of these developments and also features up-to-date trading volumes from the Shanghai Gold Exchange and Shanghai Futures Exchange, looks at the key role played by the large Chinese commercial banks in the gold market, and visualizes the composition of total annual supply flowing through the Chinese Gold Market.
