Hong Kong gold imports fall 18% in July as mainland giants rush to build vaults

Gold flows into Hong Kong eased to about 107 tonnes in July despite mainland corporate buyers pouring capital into new b

ullion vaults, as they bet on the city’s strategic ambition to establish itself as Asia’s premier hub for the precious metal. The city’s non-monetary gold imports fell about 18 per cent from June, a m...

via South China Morning Post
 
 
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