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SHANGHAI , June 28 , SinoCast — Mainland China imported 121970 kilograms of gold from Hong Kong in May. The mainland exported 20924.3 kilograms of gold to Hong Kong in May.

Mainland’s net gold imports from Hong Kong fell from 64.1 tons in March to 56 tons in April. This was the first time the imports fell for three months.

Switzerland’s data earlier showed that the country exported 14 tons of gold to China in April, down from 29.5 tons in March. Total gold consumption was 241.3 tons in China in the first quarter, down 12% year on year.       http://www.kitco.com/news/2016-06-28/China-Imported-over-100-Tons-of-Gold-in-May.html?    (GoldMoneyAssets.com)

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