China's October net gold imports via Hong Kong fall about 64% from September

China's October net gold imports via Hong Kong fall about 64% from September

From kitco.com

China's net gold imports via Hong Kong in October fell about 64% from September, Hong Kong Census and Statistics Department data showed on Tuesday. As the world's leading gold consumer, China's purchasing activities can significantly influence global gold markets. The Hong Kong data may not provide a complete picture of Chinese purchases, as gold is also imported via Shanghai and Beijing. Net imports via Hong Kong to China for October stood at 8.02 metric tons, compared with 22.047 tons in September. China's total gold imports via Hong Kong reached 30.08 tons in October, down 17% from 36.275 tons in September. ... (full story)

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