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Keyword: australiagold

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  • China becomes world’s top buyer of Australian gold

    07/21/2017 6:23:20 PM PDT · by ameribbean expat · 3 replies
    China is now the world’s biggest importer of Australian gold, as 77 percent were exported to China during the first quarter of 2017, according to Resources and Energy Quarterly released by Australian Government. Australia exported 57.6-metric-tons of gold to the Chinese mainland and the special administrative region of Hong Kong in the first quarter of the year, a 54.4 percent year-on-year growth compared to last year. Data shows that China’s demand for Australian gold has been increasing over the past years, reaching a new high in 2017. China’s top exporters of gold are Australia and the U.S. Hong Kong and...