👉 China imported 173 tonnes of gold in June, the highest since March 2024.

In the first half of the year as well, total gold imports by China reached 820 tonnes, the second-largest gold import in the first half of the year and after the first six months of 2024.

The Chinese are buying gold at the floor, and the retail demand for gold in China remains strong. Gold ETFs in China have also seen inflows of funds equivalent to 28 tonnes since the start of the year.

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