Open menu Close menu Menu
Open charts menu Close charts menu Charts

Call us: 0121 634 8060, 7 days, 7am - 10pm

Free Insured Next Day Delivery

Ounce Gram
Gold £1137.99 £36.587
Silver £13.149 £0.4228

Updated 10:18 17/11/19

£ $

Gold imports from Hong Kong to China at 5 month high

Adam Pike, News Editor
28 Oct 2014, 10:38 a.m.

Gold imports from Hong Kong into mainland China surged to a five month high in September as retailors stocked up prior to China’s holiday season. Total net imports reached 61.7 metric tonnes the highest since April 2014.

The increased demand was driven by 11% increase in jewellery sales, according to the National Bureau of Statistics. Increased jewellery sales combined with a lower gold price is a strong indication of consumer demand according to local analyst Lui Xu.

Gold is currently trading at £762.25 per ounce, silver £10.71 per ounce, platinum £781.11 per ounce and palladium £489.88 per ounce.

View original source at:

comments powered by Disqus