China’s net gold imports via Hong Kong rebound in June

Reuters/Brijesh Patel

Repost from 7-28-2021

China bullion barUSAGOLD note: Reuters reports a hefty 42% increase in China gold imports through Hong Kong in June. MKS’ Bernard Sin reports “good buying interest” from bargain hunters taking advantage of lower prices. The East buys gold on weakness. The West buys it on strength.

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