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Commodities Briefing - Categorized | Bullion/Gold, Trading more

China’s Gold bullion imports fall to 3-month low

Posted on 11 March 2013

Gold Bullion imports to China through Hong Kong fell to a 3-month low in January, new data showed Friday, dropping by more than one-half from late-2012’s build-up to the strong Chinese New Year period. Net of re-exports, the total gold bullion inflow to mainland China fell below 30 tonnes for the month, according to figures from the Hong Kong government, down from almost 100 tonnes in December.
Hong Kong is the major route for bullion flows to and from China, the world’s second-largest consumer market behind India and already the world’s No.1 nation for newly-mined gold………………………………………..Full Article: Source


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