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LAWRIE WILLIAMS: China gold consumption still climbing y-o-y

Lawrence Williams

08 September 2022The latest gold withdrawal figures for August from the Shanghai Gold Exchange suggest that Chinese gold consumption continues to rise year on year, but still remains well below its earlier peaks, but it could be making up for any shortfall in domestic production by buying Russian gold.

LAWRIE WILLIAMS: Russian gold going to China, but are amounts as tiny as reported?

Lawrence Williams

04 September 2022The Moscow Times reports on Russian gold shipments to China, but in amounts so small that it raises the question as to their accuracy given Russia's needs to finance its Ukraine war and China's perceived desire to build its own gold reserves.

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