Hong Kong Triples Gold Exports to China
Posted By Peter Coyne | 2023-03-28 08:00:00
- The surge follows a rebound in demand post Lunar New Year celebrations and a drop in bullion prices through the month.
Gold prices posted their biggest monthly decline since June 2021 in February, declining more than 5% after three consecutive monthly rises.
- Prices have rallied sharply this month, on the back of a global banking crisis fueling demand for safe-haven assets, including gold.