Trading hub ambitions see Hong Kong’s gold imports hit 11-year high in June

Hong Kong’s gold imports are set to maintain an upwards trajectory after crossing the 150-tonne mark in June for the first time in over a decade, driven by renewed investor appetite and the city’s ambition to transform itself into a premier international precious metals trading hub, analysts said. The city’s gross monthly gold imports reached 150.48 tonnes last month, representing a nearly 29 per cent month-on-month surge, according to data released this week by the Census and Statistics...