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Chinese Gold Imports Through August Surpass Total ECB Holdings, Imports From Australia Surge 900%


ZeroHedge story: http://www.zerohedge.com/news/2012-10-21/chinese-gold-imports-through-august-surpass-total-ecb-holdings-imports-australia-sur
...according to the latest release from the Hong Kong Census and Statistics Department, through the end of August, China had imported a whopping gross 512 tons of gold, 10 tons more than the latest official ECB gold holdings. We can now safely say that as of today, China will have imported more gold than the 11th largest official holder of gold, India, with 558 tons.

BullionStreet story: http://www.bullionstreet.com/news/gold-becomes-2nd-most-valuable-aussie-export-to-china/3168


Australia's gold sales to China hit $4.1 billion in the first eight months of this year as it surged by a whopping 900 percent.
According to Australian Bureau of Statistics, the yellow metal became the second most valuable physical export to China, surpassing coal and only behind iron ore.



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