China's Gold Imports Declined in August – Commerzbank

FXStreetSep 26, 2025 2:23 PM

View all comments（0）



Gold prices continue to climb, attracting strong ETF inflows, but high prices are weighing on physical demand as China’s August imports fell 3.4% month-on-month and net imports from Hong Kong dropped 39%, Commerzbank's commodity analyst Barbara Lambrecht notes.

Rising Gold prices temper physical demand in China

"While some are drawn to the continuously rising Gold prices and Gold ETFs are seeing strong inflows (as we reported), high prices are deterring others: China's Gold imports in August were 3.4% lower than in the previous month."

"Net Gold imports from Hong Kong even saw a steeper drop, falling 39% to just under 27 tons compared to July. Reports suggest that Gold dealers are currently selling an ounce of Gold at discounts ranging from $21 to $36—these are the highest discounts since May 2020."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Escalating US-Iran Conflict Drives Up Oil Prices, WTI Returns Above $90, Gold Falls Near $4,300

TradingKey - As of the Asian trading session on September 2, international oil prices rose sharply, with WTI crude (USOIL) reclaiming $90 and Brent crude (UKOIL) surging above $95 to hit a high of $97.04. Meanwhile, gold prices (XAUUSD) continued to slide, with spot gold dropping to around $4,300. The further escalation of the US-Iran conflict drove up energy prices and global bond yields, becoming the primary trading driver in the commodities market.

Today’s Market Recap: Nasdaq Drops Over 1%, Dell Surges 8% After Hours, WTI Crude Tops $90 as US-Iran Conflict Escalates

TradingKey - On September 1 ET, the three major US stock indices closed lower across the board, with the Nasdaq falling by over 1%. The US launched another airstrike against Iran, further escalating the US-Iran military conflict, which pushed international oil prices sharply higher and drove US Trea

SanDisk Stock Forecast: QLC Enterprise SSD Enters Volume Ramp Phase, Revenue Rises 103% QoQ, Stock Expected to Extend Rally

On September 1 Eastern Time, shares of SanDisk (SNDK) rose 5% yesterday after being included in the MSCI USA Standard Index, and subsequently reversed earlier losses to gain over 2% today. According to the latest memory industry research from TrendForce, combined revenue for the world's top five Enterprise SSD brands reached nearly $37.59 billion in the second quarter of 2026, representing a quarter-on-quarter surge of 103.6%.

Broadcom Q3 Earnings Preview: AI Revenue Growth Is Key, Wall Street's Highest Price Target at $630

TradingKey - Custom AI chip giant Broadcom (AVGO) will release its third-quarter fiscal 2026 earnings report after the market close on September 2, Eastern Time.

SpaceX Stock Forecast: After a 19% IPO Surge, Can SPCX Keep Climbing Before Earnings?

SpaceX SPCX at $171.91, clearing Fib 0.236 at $170.19 after a +19.2% debut close at $160.95. IPO closes June 15. First earnings September 2, 2026. 18,712 BTC in treasury. MSCI inclusion T+1. Fib target $183.96.

Featured Tools