Gold moves more and more from the West to the East. Usually it comes from the UK and is transported to Switzerland. There it is melted down into smaller sizes that are popular in Asia and mainly transported to Hong Kong, from there, mostly to China. This is confirmed by the Federal Customs Administration of Switzerland.
After a brief correction the gold price is on its way back to the top. The main reason is the weak economic data from China. Investors speculate that the Chinese central bank wil…
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