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Chinese Q1 gold imports from Hong Kong surged to 135.5 MT, more than a six-fold increase Y/Y as...

  • Tuesday, May 8, 2012, 10:18 AM ET
    Chinese Q1 gold imports from Hong Kong surged to 135.5 MT, more than a six-fold increase Y/Y as the "uncivilized" country gets closer to displacing India as the world's top consumer. Increasing wealth is certainly a reason, but Sharps Pixley suggests the government may be boosting its own reserves.
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