[] [Kaufman & Canoles, P.C. Two James Center 1021 East Cary Street, Suite 1400 Richmond, VA 23219 Mailing Address Post Office Box 27828 Richmond, VA 23261 T (804) 771.5700 F (888) 360.9092 kaufCAN.com September 28, 2016 Kingold Jewelry, Inc. Ladies and Gentlemen: (i) shares of the Company’s common stock, $0.001 par value per share (the “Common Stock”); (ii) one or more] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We consent to the incorporation by reference in the Registration Statement (Form S-3) and Prospectus Supplement of Kingold Jewelry, Inc. and Subsidiaries of our report dated March 29, 2016 relating to the consolidated balance sheets of Kingold Jewelry, Inc. and Subsidiaries as of December 31, 2015, and the related consolidated statements of income]