The quartz vein-type Fanjiabu gold deposit is economically the most important gold deposit in the Sulu ultrahigh pressure metamorphic terrane, Jiaodong Peninsula. Cathodoluminescence images and trace element and U-Pb isotope compositions by laser ICP-MS indicate that zircons extracted from auriferous quartz veins are exclusively inherited magmatic zircons from wall rocks of gold veins, namely the Neoproterozoic biotite monzogranite. The results of this investigation and previous studies suggest that gold mineralization in the Sulu and Jiaobei terranes was contemporaneous, taking place at ca. 120 Ma and coincident temporarily with lithospheric thinning of the North China craton.