SINGAPORE: China's net gold imports from main conduit Hong Kong fell to a 17-month low in June as a weaker yuan and adequate stocks curbed fresh purchases from the world's biggest bullion consumer.
June net gold flows into China from Hong Kong slid to 40.543 tonnes from 52.606 tonnes in May, according to data e-mailed to Reuters by the Hong Kong Census and Statistics Department. In the year-ago period, net imports were 104.567 tonnes.
The imports were the lowest since January 2013.
Total gold imports from Hong Kong fell to 56.047 tonnes last month from 67.233 tonnes in May.
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