{"id":966136,"date":"2026-05-17T07:19:16","date_gmt":"2026-05-17T07:19:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/966136\/"},"modified":"2026-05-17T07:19:16","modified_gmt":"2026-05-17T07:19:16","slug":"explosive-why-chinas-gold-recycling-industry-is-growing-at-record-speed","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/966136\/","title":{"rendered":"\u2018Explosive\u2019: why China\u2019s gold recycling industry is growing at record speed"},"content":{"rendered":"<p>China\u2019s gold recycling industry is expanding at its fastest pace in a decade amid <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3337563\/golden-era-prices-surge-rally-heads-towards-us5000-2026-analysts-forecast?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">sustained fervour in the bullion market<\/a> and strong investment demand that have fuelled a wave of new entrants into the market, latest data showed.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Business registrations in the sector \u2013 which involves firms buying gold bars and jewellery and reselling it \u2013 surged 78.74 per cent in 2025 from a year earlier to 740, according to a report published by Chinese corporate data tracker Qichacha. That marked the fastest annual expansion in 10 years, with the report\u2019s author describing the growth as \u201cexplosive\u201d.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Momentum has continued into 2026. In less than five months, a further 488 gold recycling-related firms were registered \u2013 already surpassing the halfway mark of last year\u2019s total.<\/p>\n<p>The boom comes amid an unprecedented surge in gold prices since last year, driven by heightened geopolitical tensions and a <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/global-economy\/article\/3341876\/trade-war-global-instability-push-de-dollarisation-chinas-academic-mainstream?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">broader de-dollarisation trend<\/a>. Spot gold briefly touched a record high of nearly US$5,600 per ounce in late January before retreating on recent volatility.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">More than half of China\u2019s existing gold recycling-related firms were established in the past three years, with companies less than a year old accounting for the largest share at nearly 30 per cent, according to the report published earlier this week.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">By region, these companies were heavily concentrated in southern and eastern China. The south accounted for the largest share at 35.39 per cent, followed by the east with 29.43 per cent, which the report\u2019s author attributed to \u201cvibrant local gold consumption markets and well-developed trading and distribution networks\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s gold recycling industry is expanding at its fastest pace in a decade amid sustained fervour in the&hellip;\n","protected":false},"author":2,"featured_media":966137,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1395,269740,269741,1700,327,114523,269742,269737,257,235134,269743,10741,269739,10743,269738,16,15,136491],"class_list":{"0":"post-966136","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-china","10":"tag-china-gold-association","11":"tag-east-china","12":"tag-economy","13":"tag-gold","14":"tag-gold-jewellery","15":"tag-gold-recycling-industry","16":"tag-johan-palmberg","17":"tag-london","18":"tag-middle-east-crisis","19":"tag-qichacha","20":"tag-shanghai","21":"tag-shanghai-gold-exchange","22":"tag-shenzhen","23":"tag-south-china","24":"tag-uk","25":"tag-united-kingdom","26":"tag-world-gold-council"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116588705725621926","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/966136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=966136"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/966136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/966137"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=966136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=966136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=966136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}