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Gold Flows to Hong Kong Hit Decade-High Before Clearing Launch
Hong Kong’s gold imports reached a decade-high in June, driven by preparations for the city’s newly launched clearing system and strong demand from mainland China. The surge marks the highest level since late-2014.
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Adjacent reporting
- China’s Gold Imports Surge After International Prices Slump
- Hong Kong US dollar gold futures trading hits record high ahead of clearing system launch
- Hong Kong Seeks Dominant Asia Gold Hub With New Clearing System
- Japan gold exports hit record $25bn, likely include metal once smuggled in
- Foreign Trading of Chinese Bonds via Hong Kong Hits Record High
- Hong Kong to launch long-awaited gold clearing and settlement system next week: sources