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The China Gold Association issued a solemn statement saying that recently, the US Department of Homeland Security added some domestic gold companies to the so-called “Uyghur Forced Labor Prevention Law” entity list, prohibiting products produced by companies from entering the US; the London Gold and Silver Market Association suspended relevant companies' eligibility for qualified delivery based on this. The relevant measures lack factual basis, violate the principle of marketization, and disrupt the stability of the global gold industry chain. The China Gold Association resolutely opposes this. China's gold industry chain is complete and resilient enough to withstand external risks. The China Gold Association urges the US side to stop imposing sanctions and suppression based on false information; it calls on LBMA to uphold a neutral and professional position, respect objective facts, and correct improper decisions. The global gold industry should adhere to mutual benefit and win-win situation, and jointly maintain a fair and orderly international gold market order.

Zhitongcaijing·08/19/2026 13:57:17
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The China Gold Association issued a solemn statement saying that recently, the US Department of Homeland Security added some domestic gold companies to the so-called “Uyghur Forced Labor Prevention Law” entity list, prohibiting products produced by companies from entering the US; the London Gold and Silver Market Association suspended relevant companies' eligibility for qualified delivery based on this. The relevant measures lack factual basis, violate the principle of marketization, and disrupt the stability of the global gold industry chain. The China Gold Association resolutely opposes this. China's gold industry chain is complete and resilient enough to withstand external risks. The China Gold Association urges the US side to stop imposing sanctions and suppression based on false information; it calls on LBMA to uphold a neutral and professional position, respect objective facts, and correct improper decisions. The global gold industry should adhere to mutual benefit and win-win situation, and jointly maintain a fair and orderly international gold market order.