CGM 0.00% 0.1¢ cougar metals nl

gold 's high demand in hong kong

  1. 1,137 Posts.
    For all those doubtors about Hong Kong and China's ever growing demand for gold here are some stats.

    Source:Reuters

    SINGAPORE, Jan 11 (Reuters) - The amount of gold flowing from Hong Kong to mainland China in November rose nearly 20 percent from a month earlier to 102,525 kilograms, according to the Hong Kong Census and Statistics Department.

    In the first 11 months of the year, a total of 389,295 kg of gold entered the mainland from Hong Kong, the department said on its website. (www.censtatd.gov.hk)

    (Reporting by Rujun Shen; Editing by Michael Urquhart)

    (([email protected])(+65-6870-3726)(Reuters Messaging: [email protected]))

    -----------------------------------------------------------Demand looks pretty damn good to me :)
 
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