Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form

HS v2017 Code: 7108

Chapter	Heading	Sub-heading
71	08	n/a

Code	7108
Version	HS v2017
Hierarchy Level	4
Datasource	WCO
Chapter	71

Ancestor Codes: Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

This Code: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form

Child Codes: Metals; gold, non-monetary, powder; Metals; gold, semi-manufactured; Gold, monetary; Metals; gold, non-monetary, unwrought (but not powder)

Sibling Codes (Nearest 5): Dust and powder of natural or synthetic precious or semi-precious stone; Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form; Base metals clad with silver; not further worked than semi-manufactured; Base metals or silver, clad with gold, not further worked than semi-manufactured; Platinum; unwrought or in semi-manufactured forms, or in powder form

About gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form

HS code 7108 covers the trade and production of gold, including gold plated with platinum, in unwrought or semi-manufactured forms, as well as gold in powder form. This industry is of critical importance to the global economy, as gold is a highly valued and versatile precious metal with a wide range of applications across various sectors, from jewelry and electronics to finance and investment. The gold industry plays a significant role in international trade, with gold being one of the most widely exchanged commodities worldwide.

Production process

The production of gold covered under HS code 7108 involves several key steps. The process typically begins with the mining and extraction of gold ore, which is then refined to separate the pure gold from other minerals and impurities. The refined gold can then be melted and cast into various forms, such as bars, ingots, or granules, or further processed into semi-manufactured products like sheets, wires, or powders. Advanced techniques, such as electroplating, may also be used to produce gold-plated products.

Production inputs

The main inputs required for the gold industry under HS code 7108 include gold ore, as well as various chemicals, equipment, and machinery necessary for the mining, refining, and manufacturing processes. Additionally, the industry relies on a skilled workforce, advanced technologies, and a robust infrastructure to support the extraction, processing, and distribution of gold products.

Production outputs

The primary outputs of the gold industry covered by HS code 7108 are unwrought gold, gold in semi-manufactured forms (such as bars, sheets, and wires), and gold powder. These products are then consumed by a wide range of industries, including 7113 Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metal, 8517 Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunications apparatus for carrier-current line systems or for digital line systems, and the financial sector for investment and reserve purposes.

Family tree for gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form

    graph LR
    A["<a href='/classifications/hs/v2017/71'>71: Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin</a>"]
A --> B["<a href='/classifications/hs/v2017/7108'>7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form</a>"]

    A --> C["<a href='/classifications/hs/v2017/7101'>7101: Pearls; natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for the convenience of transport</a>"]
A --> D["<a href='/classifications/hs/v2017/7102'>7102: Diamonds, whether or not worked, but not mounted or set</a>"]
A --> E["<a href='/classifications/hs/v2017/7103'>7103: Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport</a>"]
A --> F["<a href='/classifications/hs/v2017/7104'>7104: Synthetic, reconstructed precious, semi-precious stone worked, graded or not, not strung or mounted, set; ungraded synthetic, reconstructed precious, semi-precious stones, temporarily strung for transport</a>"]
A --> G["<a href='/classifications/hs/v2017/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"]
A --> H["<a href='/classifications/hs/v2017/7106'>7106: Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> I["<a href='/classifications/hs/v2017/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"]
A --> J["<a href='/classifications/hs/v2017/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"]
A --> K["<a href='/classifications/hs/v2017/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> L["<a href='/classifications/hs/v2017/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"]
A --> M["<a href='/classifications/hs/v2017/7112'>7112: Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal</a>"]
A --> N["<a href='/classifications/hs/v2017/7113'>7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> O["<a href='/classifications/hs/v2017/7114'>7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> P["<a href='/classifications/hs/v2017/7115'>7115: Articles of precious metal or of metal clad with precious metal</a>"]
A --> Q["<a href='/classifications/hs/v2017/7116'>7116: Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)</a>"]
A --> R["<a href='/classifications/hs/v2017/7117'>7117: Imitation jewellery</a>"]
A --> S["<a href='/classifications/hs/v2017/7118'>7118: Coin</a>"]

    B --> T["<a href='/classifications/hs/v2017/710811'>710811: Metals; gold, non-monetary, powder</a>"]
B --> U["<a href='/classifications/hs/v2017/710812'>710812: Metals; gold, non-monetary, unwrought (but not powder)</a>"]
B --> V["<a href='/classifications/hs/v2017/710813'>710813: Metals; gold, semi-manufactured</a>"]
B --> W["<a href='/classifications/hs/v2017/710820'>710820: Gold, monetary</a>"]


    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level2
class B level4
class C level4
class D level4
class E level4
class F level4
class G level4
class H level4
class I level4
class J level4
class K level4
class L level4
class M level4
class N level4
class O level4
class P level4
class Q level4
class R level4
class S level4
class T level6
class U level6
class V level6
class W level6

  class B highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class B highlight