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Beijing's Gold Buying Spree Accelerates: Imports Surge 73% in April
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Beijing's Gold Buying Spree Accelerates: Imports Surge 73% in April
China’s gold imports surged 73% in April to 127.5 tonnes, reaching an 11-month high as Beijing accelerates efforts to reduce reliance on the US dollar amid mounting trade tensions. The April figure represents a dramatic reversal from earlier this year, when imports had fallen to multi-year lows. January saw only 17 tonnes imported
Chinese Gold Imports Surge as Demand Continues to Grow
Chinese Gold Imports Surge as Demand Continues to Grow Investment demand has been the primary driver for overall Chinese gold demand in recent months, even as price pressure has created headwinds for the jewelry market. Mike Maharrey Fri, 05/23/2025
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