China’s gold imports tumble again as prices deter buyers


Gold imports in July fell 24% to 44.6 tonnes, the lowest in more than two years. — Bllomberg

BEIJING: Chinese consumers continued to pull back on gold purchases last month, as record prices and a sustained economic slowdown curbed demand in the world’s biggest bullion-buying nation.

Gold imports in July fell 24% to 44.6 tonnes, the lowest in more than two years, according to customs data released yesterday.

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