China's gold imports from Hong Kong jump to 6-month high in September
Singapore (Oct 27) China's net gold imports from main conduit Hong Kong jumped to a six-month high in September as the world's biggest consumer stocked up ahead of its National Day holiday.
Net imports from Hong Kong to the mainland rose to 68.641 tonnes last month from 27.477 tonnes in August, according to data e-mailed to Reuters by the Hong Kong Census and Statistics Department.
Total gold imports from Hong Kong totalled 91.745 tonnes.
The annual National Day holiday observed in the first week of October is a time when millions of people travel and spend more than usual. It also marks a pick-up in weddings, boosting demand for gold jewellery.
Source: EconomicTimes.in
