China’s March net gold imports through Hong Kong surged to the highest level since December 2019 after new import quotas were issued by the central bank due to increased demand.
Purchases in the country 288.2 tonnes , compared with 148.63 tonnes a year ago, the association said in a statement on its website.
There is still lots of traffic on the way up but with the price continuing to make higher highs and higher lows there is hope that the psychological $1800/oz psychological barrier can be broken once again.