China's Gold imports 2 X in July & continue 9 months of Gold purchase by China's Central Bank. The positives for Gold just keep stacking up. With Central Bank's around the world continuing their purchases of Gold & Global demand over 1,000 metric Ton's again this year, for a 3rd consecutive year.
Lot's of forecast's for Gold to finish the year around the $4,000/oz ( USD ) mark. I see this as possible if the US FED starts a rate cutting cycle in September. It will be an interesting few month ahead to the end of 2025.
(Reuters) -China's net gold imports via Hong Kong rose 126.81% in July from June, Hong Kong Census and Statistics Department data showed on Tuesday.
WHY IT'S IMPORTANT - As the world's leading gold consumer, China's purchasing activities can significantly influence global gold markets.
The Hong Kong data may not provide a complete picture of Chinese purchases, as gold is also imported via Shanghai and Beijing.
BY THE NUMBERS - Net imports via Hong Kong to China for July stood at 43.923 metric tons, compared to 19.366 tons of net imports in June.
China's total gold imports via Hong Kong reached 58.296 tons in July, down 67.91% from 34.719 tons in June.
CONTEXT - China's central bank added gold to its reserves in July, its ninth consecutive month of purchases, official data showed earlier this month.
Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said last month.
Lot's of forecast's for Gold to finish the year around the $4,000/oz ( USD ) mark. I see this as possible if the US FED starts a rate cutting cycle in September. It will be an interesting few month ahead to the end of 2025.
China's net gold imports via Hong Kong more than doubled in July
Published on 08/26/2025 at 07:36 am EDT - Modified on 08/26/2025 at 07:36 am EDT - Reuters(Reuters) -China's net gold imports via Hong Kong rose 126.81% in July from June, Hong Kong Census and Statistics Department data showed on Tuesday.
WHY IT'S IMPORTANT - As the world's leading gold consumer, China's purchasing activities can significantly influence global gold markets.
The Hong Kong data may not provide a complete picture of Chinese purchases, as gold is also imported via Shanghai and Beijing.
BY THE NUMBERS - Net imports via Hong Kong to China for July stood at 43.923 metric tons, compared to 19.366 tons of net imports in June.
China's total gold imports via Hong Kong reached 58.296 tons in July, down 67.91% from 34.719 tons in June.
CONTEXT - China's central bank added gold to its reserves in July, its ninth consecutive month of purchases, official data showed earlier this month.
Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said last month.