China Gold Imports From Hong Kong Slump as Price Declines
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Gold shipments to China from Hong Kong decreased by more than 50 percent in November as demand from investors weakened after prices slid for a third month.
Net imports, after deducting flows from China into Hong Kong, were 60.9 metric tons in November from 129.9 tons in October, according to data from the Hong Kong Census and Statistics Department. Still, the amount in the first 11 months of the year has more than doubled to 1,017 tons, the data show.