Hong Kong Triples Gold Exports to China

  • The surge follows a rebound in demand post Lunar New Year celebrations and a drop in bullion prices through the month.

Gold prices posted their biggest monthly decline since June 2021 in February, declining more than 5% after three consecutive monthly rises.

  • Prices have rallied sharply this month, on the back of a global banking crisis fueling demand for safe-haven assets, including gold. 

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