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Hong Kong Boosts Russian Gold Imports to Record $746Mln in July Y/Y

CC0 / / Gold ingots
Gold ingots - Sputnik International, 1920, 26.09.2023
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MOSCOW (Sputnik) - Hong Kong increased its gold imports from Russia by more than five times year-on-year to $746 million in July, and by 1.5 times month-on-month, according to data from Hong Kong’s Census and Statistics Department analyzed by Sputnik.
The data also showed that since the beginning of 2023, Hong Kong has purchased $2.6 billion worth of gold, which is 12 times higher than last year's figure of $218 million.
At the same time, exports of Russian platinum to Hong Kong companies in July doubled year-on-year to $1.5 billion.
Gold bars of the highest standard of 99.99 percent purity  - Sputnik International, 1920, 18.09.2023
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