You are here
China's October net gold imports via Hong Kong hit 3-year high
By Bharat Gautam
via Nasdaq.com, New York
Thursday, November 25, 2021
China's net gold imports via Hong Kong jumped 56% in October from the previous month to the highest since June 2018, as buyers in the top consumer stocked up on the metal as a cushion against rising inflation.
Net imports stood at 54.26 tonnes in October compared with 34.79 tonnes in September, Hong Kong Census and Statistics Department data showed Thursday.
... Dispatch continues below ...
... ADVERTISEMENT ...
Storage and Withdrawal of Gold
with Bullion Star in Singapore
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage.
With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage online around the clock. Storage rates are competitive.
For more information, please visit Bullion Star here:
Total gold imports via Hong Kong rose to 57.80 tonnes from 41.88 tonnes.
"The healthy figures reflect what we're seeing in the spot market, which is to say loco Shanghai gold has been trading at a significant premium over loco London spot," independent analyst Ross Norman said. ...
... For the remainder of the report:
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
Buyers can compose their case by choosing as many as four varietals from the list here:
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at: email@example.com
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at firstname.lastname@example.org.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: