GOLD at the AIR-PORT
- Thread starter alor
- Start date
https://www.rt.com/business/561105-china-ramps-up-gold-buying/
China shipped in more than 80 tons of gold from Switzerland last month, Bloomberg reported on Thursday, citing data from the Swiss Federal Customs Administration. The volume is reportedly more than double the June total, and eight times more than in May.
The surge in gold imports to a five-year high indicates that Chinese demand for the precious metal is picking up, after a lull due to Covid lockdowns in the country?s major cities.
China shipped in more than 80 tons of gold from Switzerland last month, Bloomberg reported on Thursday, citing data from the Swiss Federal Customs Administration. The volume is reportedly more than double the June total, and eight times more than in May.
The surge in gold imports to a five-year high indicates that Chinese demand for the precious metal is picking up, after a lull due to Covid lockdowns in the country?s major cities.