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

HS v2022 Code: 7108

Chapter	Heading	Sub-heading
71	08	n/a

Code	7108
Version	HS v2022
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, semi-manufactured; Metals; gold, non-monetary, powder; 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 investment and industrial uses, the gold industry plays a pivotal role in international trade and commerce.

Production process

The production of gold under HS code 7108 involves several key steps. Gold is typically extracted from mines or recovered through recycling processes. The extracted gold is then refined to remove impurities, often using techniques such as smelting or electrolysis. The refined gold can then be cast into ingots, bars, or other semi-manufactured forms, or processed into gold powder for specialized applications.

Production inputs

The main inputs required for the gold industry under HS code 7108 include gold ore or scrap, as well as various chemicals, equipment, and energy sources necessary for the refining and processing of the metal. Specialized machinery, such as smelters, casting equipment, and powder production systems, are also essential inputs for this industry. Additionally, skilled labor and technical expertise are crucial for the efficient and high-quality production of gold products.

Production outputs

The primary outputs of the gold industry under HS code 7108 are unwrought gold, gold in semi-manufactured forms (such as bars, sheets, or 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 telecommunication apparatus for carrier-current line systems or for digital line systems, and the investment and financial sectors.

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/v2022/71'>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/v2022/7108'>7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form</a>"]

    A --> C["<a href='/classifications/hs/v2022/7101'>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/v2022/7102'>7102: Diamonds, whether or not worked, but not mounted or set</a>"]
A --> E["<a href='/classifications/hs/v2022/7103'>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/v2022/7104'>7104: Stones; synthetic or reconstructed precious or semi-precious, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport</a>"]
A --> G["<a href='/classifications/hs/v2022/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"]
A --> H["<a href='/classifications/hs/v2022/7106'>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/v2022/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"]
A --> J["<a href='/classifications/hs/v2022/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"]
A --> K["<a href='/classifications/hs/v2022/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> L["<a href='/classifications/hs/v2022/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"]
A --> M["<a href='/classifications/hs/v2022/7112'>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 other than goods of heading 85.49</a>"]
A --> N["<a href='/classifications/hs/v2022/7113'>7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> O["<a href='/classifications/hs/v2022/7114'>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/v2022/7115'>7115: Articles of precious metal or of metal clad with precious metal</a>"]
A --> Q["<a href='/classifications/hs/v2022/7116'>7116: Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)</a>"]
A --> R["<a href='/classifications/hs/v2022/7117'>7117: Imitation jewellery</a>"]
A --> S["<a href='/classifications/hs/v2022/7118'>7118: Coin</a>"]

    B --> T["<a href='/classifications/hs/v2022/710811'>710811: Metals; gold, non-monetary, powder</a>"]
B --> U["<a href='/classifications/hs/v2022/710812'>710812: Metals; gold, non-monetary, unwrought (but not powder)</a>"]
B --> V["<a href='/classifications/hs/v2022/710813'>710813: Metals; gold, semi-manufactured</a>"]
B --> W["<a href='/classifications/hs/v2022/710820'>710820: Gold, monetary</a>"]


    %% Color coordination by level

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    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



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  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
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  %% class J,K,L,M,N,O,P level3
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