| China's annual gold output fell for the first time in 2015 due to lower prices in the global gold market, according to latest industry figures. The country produced 450 tonnes of gold last year, down 0.39 percent year on year, the China Gold Association said on its website.
International gold prices have shed nearly 40 percent since April 2013, squeezing producers' profits and affecting output, the association said. However, China remained the world's largest gold producer for a ninth year running and saw gold consumption recovering last year, the association said...............................................Full Article: Source
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