Abstract: Gold, as a scarce global strategic resource, is the only precious metal in the world that simultaneously possesses monetary, commodity, and financial attributes. It plays a significant role in maintaining national economic and financial security and promoting the internationalization of the renminbi. It is the “ballast” for China’s economic development and the “breakwater” for financial risk prevention. In the context of unprecedented global changes, China’s gold industry faces an urgent need for transformation, upgrading, and high-quality development. Cultivating and forming new quality productive forces has become an inevitable path. This paper, based on analyzing the current development status and existing problems of China’s gold industry, preliminarily reflects on and explores how the industry can use technological innovation to boost high-quality development and cultivate and develop new quality productive forces. It is believed that the development of new quality productive forces should stick to 4 principles: taking Party building as the guidance, technological innovations as the core, high-quality talents as the root, and industrial innovations as the goal; and promote 4 “forges”, namely forging the “deep-seated” new quality productive forces, “green” new quality productive forces, “intelligent” new quality productive forces, and “new materials” new quality productive forces. It emphasizes the need to focus on efficient development and utilization of deep-seated gold resources, green production processes, intelligentization of whole gold industry chain, and transition to high-end gold and precious metal materials, so as to cultivate and form new quality productive forces in China’s gold industry, promote the transformation and upgrading of conventional gold sectors, and boot the rapid development of emerging gold sectors, ultimately achieving high-quality development of China’s gold industry and establishing a modernized gold industrial system.