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Posted by
Two Blokes Jun 4 -
Filed in
Forex
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Data published last week by the Swiss customs authority on Gold exports and the Hong Kong Statistics Department on Gold trade between Hong Kong and China point to a revival in demand for Gold in the Middle Kingdom. Gold shipments from Switzerland to China rose to 17.4 tons in April, the highest level in eleven months, Commerzbank's FX analyst Michael Pfister notes.
