Asian tumbles, London gains – bullion flows from Switzerland

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Published : October 21st, 2020
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Reuters/Peter Hobson/10-20-2020

“Switzerland’s gold exports to China and India dwindled in September, with the country instead importing record volumes of bullion from Hong Kong and sending metal to Britain, customs data showed on Tuesday.”

USAGOLD note:  The flows to the West generally indicate continuing demand from ETFs channeling capital flows from funds and insitutions and from individual investors buying coins and bullion.

Read the rest of the article at USA Gold
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