Zhang Yongtao, vice president of the China Gold Association, recently said at a briefing of the "Belt and Road" Gold Industry Summit Forum that as of 2016, my country has identified gold resource reserves of 12,100 tons, second only to South Africa. Ranking second in the world.

Zhang Yongtao said that at present, the overall development of China's gold industry is healthy and stable, with gold as the main industry and the development of multiple metals. In 2016, the trading volume of my country's gold exchange reached 24,000 tons (unilateral), the trading volume of futures exchanges was 39,000 tons (unilateral), and the over-the-counter trading volume of commercial banks was 7,000 tons, with the cumulative trading volume reaching 70,000 tons. He predicts that this number is expected to exceed 100,000 tons during the "13th Five-Year Plan" period.

Gold is the elemental form of the chemical element gold (chemical element symbol Au). It is a soft, golden yellow, corrosion-resistant precious metal. Gold is one of the rarer, more precious and highly valued metals. Internationally, gold is generally measured in ounces. In ancient China, "liang" was used as the unit of gold. It is a very important metal. It is not only a special currency used for reserves and investments, but also an important material in the jewelry industry, electronics industry, modern communications, aerospace and aviation industries and other sectors.

The chemical symbol of gold is Au, and its financial English code is XAU or GOLD. The name Au comes from a story about Aurora, the goddess of dawn in Roman mythology, which means shining dawn.