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China's Gold Imports From Hong Kong Recover on Month in February

  • Purchases were smallest for month of February since 2012
  • Imports will probably pick up in coming months: Gambarini

China’s imports of gold from Hong Kong increased in February from the smallest level since 2011 a month earlier.

Net purchases by the world’s largest consumer rose to 42.9 metric tons from 17.6 tons in January, according to data from the Hong Kong Census and Statistics Department compiled by Bloomberg. The mainland bought 55.1 tons, including scrap, while shipments to Hong Kong were 12.2 tons. Mainland China doesn’t publish the data.