Home » News » Gold » China’s Gold imports from Hong Kong falls to 66.8 tons in Nov
Net purchases declined to 66.8 tons from 68.2 tons in October and 87.2 tons a year earlier, according to data from the Hong Kong Census & Statistics Department compiled by Bloomberg.
BEIJING (Bullion Street): China’s net imports of gold from Hong Kong dropped for a second month in November as investors were deterred by bearish prospects for prices amid rising U.S. interest rates.
The mainland bought 103.1 tons, including scrap, compared with 87.8 tons a month earlier. Exports to Hong Kong were 36.3 tons from 19.7 tons. Mainland China doesn’t publish the data.