China imported less gold from Hong Kong in October, the lowest since March 2012: 47.48 tonnes.
So not only did China import less gold from Hong Kong, it also exported more of its gold back to Hong Kong compared to its gross imports. Looks like China isn't interested in gold lately.
It also partly explains the drop in the gold price starting in October 2012.
It also partly explains the drop in the gold price starting in October 2012.
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