Created
: 2025.09.26
2025.09.26 23:24
Gold prices continue to climb, attracting strong ETF inflows, but high prices are weighing on physical demand as China's August imports fell 3.4% month-on-month and net imports from Hong Kong dropped 39%, Commerzbank's commodity analyst Barbara Lambrecht notes.
"While some are drawn to the continuously rising Gold prices and Gold ETFs are seeing strong inflows (as we reported), high prices are deterring others: China's Gold imports in August were 3.4% lower than in the previous month."
"Net Gold imports from Hong Kong even saw a steeper drop, falling 39% to just under 27 tons compared to July. Reports suggest that Gold dealers are currently selling an ounce of Gold at discounts ranging from $21 to $36--these are the highest discounts since May 2020."
Created
: 2025.09.26
Last updated
: 2025.09.26
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