Gold imports up
Source: Bloomberg News |
September 8, 2012, Saturday
|
Print Edition
Print Edition
GOLD imports by the Chinese mainland from Hong Kong rose for the first time in three months in July as investors bought the metal to hedge against financial market turmoil and weaker currencies. The mainland bought 75.84 tons of gold, including scrap and coins, almost double the 38.14 tons a year earlier, according to export data from the Census and Statistics Department of the Hong Kong government. Shipments were a record 103.64 tons in April, according to the department.
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