SINGAPORE (Reuters) - China's net gold imports from Hong Kong hit the highest in seven months in October as the country bought more than 100 tonnes of gold for a sixth straight month to meet unprecedented demand for bullion.
China's net purchases from Hong Kong totalled 131.19 tonnes in October, up from 110.914 tonnes in September, according to data e-mailed to Reuters by the Hong Kong Census and Statistics Department.
The imports were the strongest since March when China, set to overtake India as the biggest gold consumer this year, bought a record 136.185 tonnes.
(Reporting by A. Ananthalakshmi; Editing by Himani Sarkar)
You’ve reached your limit of 10 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app

