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Sunday, 06 June 2021

World Gold Council (WGC) & gold imports by China

The country’s gold imports surged to hit 111 tons during April 2021.

This is the highest level of import since January 2020. The imports during the month were up by 73 tons from the prior month and by 106 tons from the same month a year before. The higher imports by the country were mainly on account of escalated gold demand and lower local gold supply. However, imports continued to remain well below the average import levels during 2019, the WGC report said

Last modified on Tuesday, 15 June 2021

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