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Asian gold demand rebounding as Swiss exports surge
Thursday, March 18, 2021
LONDON, March 18 (Reuters) - Switzerland in February sent gold to mainland China for the first time since September and shipments to India and Thailand rose to multi-year highs, suggesting that demand for bullion in Asia is recovering from the coronavirus shock.
Switzerland is the world's biggest gold refining centre and transit hub, while India and China are the two biggest gold consumers and Thailand is a regional trade hub.
Demand from all three Asian countries plunged last year as the coronavirus spread and has been slowest to recover in China. ...
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