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China's net gold imports via Hong Kong soar in June

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Published Mon, Jul 25, 2022 · 05:37 PM
    • The largest gold bar is exhibited at the Toi Gold Mine theme park in Izu, Shizuoka Prefecture, Japan.
    • The largest gold bar is exhibited at the Toi Gold Mine theme park in Izu, Shizuoka Prefecture, Japan. The Straits Times

    CHINA’S net gold imports via Hong Kong in June jumped by about 390 per cent from the previous month, Hong Kong Census and Statistics Department data showed on Monday (Jul 25).

    Net imports stood at 40.563 tonnes in June, compared with 8.281 tonnes in May, the data showed. Total gold imports via Hong Kong jumped nearly 208 per cent to 43.587 tonnes.

    China is the world’s top gold consumer. REUTERS

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