China's September gold purchases leap sixfold

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Published : December 05th, 2011
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The regulations passed by the Chinese authorities to encourage gold trading over the past year appear to be working. Gold purchases in China via Hong Kong hit a record 56.9 tonnes in the month of September, registering a six fold increase year on year.

Data from the Hong Kong government showed that the Chinese mainland imported about 140 tonnes of gold via Hong Kong in the July to September quarter, more than the roughly 120 tonnes for the whole of 2010.

 

 

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