| China looks as though it could be well on the way to overtaking India as the world's largest gold consumer this year as the import data through Hong Kong - seen as a proxy for China's total imports, which may be far higher - have continued to surge, growing six-fold from the same quarter a year ago.
According to figures published yesterday, Q1 imports through Hong Kong totalled 135.5 tonnes from 19.7 tonnes a year earlier - and month on month imports increased by 59% for March in comparison with February...............................................Full Article: Source
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