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Retail sales of precious metals and jewelry in China by month 2019-2020

The retail trade revenue of gold, silver and jewelry in China totaled approximately 22.2 billion yuan in September 2020. This indicated a slight revenue increase compared to the same period of the previous year.

Retail trade revenue of gold, silver and jewelry in China from September 2019 to September 2020

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Source

Release date

October 2020

Region

China

Survey time period

September 2019 to September 2020

Supplementary notes

*According to the source, figures for January and February have been grouped together to curb the influence of the Chinese New Year on the statistic. Chinese New Year falls between January 21 and February 21.

One yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of October 2020).

According to the source, retail sales refer to the trade revenue of tangible goods not intended for business use traded from wholesale and retail companies to individuals or non producing social organizations. Figures include total revenues of the food and beverage service industry.
During the survey, only wholesale companies with an annual revenue of 20 million yuan and above as well as retail companies with an annual revenue of five million yuan were questioned.

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