China's Net Gold Imports via Hong Kong Plunge Nearly 60% in June Ask ChatGPT
China's net gold imports via Hong Kong in June fell by nearly 60% compared to May, according to data released by the Hong Kong Census and Statistics Department.
As the world's largest gold consumer, China's purchasing activity can significantly influence global gold markets.
Net imports from Hong Kong to China in June amounted to 19.37 metric tons, compared to 48.13 tons in May.
China's total gold imports via Hong Kong in June reached 34.72 tons, a decline of nearly 40% compared to 57.76 tons in May.
The China Gold Association said last week that the country's gold consumption in the first half of 2025 fell by 3.5% year-on-year to 505.2 metric tons.
Customs data released on July 20 showed that China's gold imports continued to decline for the second consecutive month in June.
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