Published on Gold Anti-Trust Action Committee (http://www.gata.org)

China's gold imports from Hong Kong jump to 10-month high

By cpowell
Created 2015-10-27 22:40

By A. Ananthalakshmi
Tuesday, October 27, 2015

China's net gold imports from main conduit Hong Kong jumped to a 10-month high in September, data showed today, in a strong sign of recovering demand in the second half of the year.

Imports by the world's top consumer have now risen for three consecutive months, with the third quarter recording the best quarter of the year for overseas purchases.

China's appetite for gold has improved in the second half of 2015, as domestic stock markets performed badly.

Its net gold imports from Hong Kong rose to 97.242 tonnes last month from 59.319 tonnes in August, according to data emailed to Reuters by the Hong Kong Census and Statistics Department.

September's imports were the highest monthly overseas purchases since November 2014. ...

... For the remainder of the report:

http://www.reuters.com/article/2015/10/27/china-gold-imports-idUSL3N12R3... [1]


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