Hong Kong’s 2012 Gold Exports to Mainland China Hit New High

Reuters reported that Hong Kong exported a net amount of 557.478 tonnes of gold to mainland China, a 47-percent jump from the previous year and a new record.

As quoted in the market news:

Hong Kong shipped 114.372 tonnes of gold to China in December, also a record high for monthly exports. The former British colony received 19.644 tonnes of gold from the mainland in that month.

Its total gold shipments to China in 2012 jumped 94 percent from the 2011 total to over 832 tonnes, but imports also were six times higher at 274.684 tonnes, data from the Hong Kong Census and Statistics Department showed on Tuesday.

Click here to read the full Reuters report.