China buys ten times more Canadian gold than we thought

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China buys ten times more new: In addition. Nevertheless. Therefore. Moreover. In addition. For example. Similarly,

China buys ten times more:

China buys up to ten times more gold from Canada than by Canadian export statistics.

The Globe. Nevertheless. Meanwhile, Mail reports that contrary to what Canadian data tends to show. In addition, gold is the first import product of China from Canada. Similarly, in terms of value, long before canola and coal, for example.

The figures from the Chinese customs agency indicate that China imported in 2024 for 25 billion (G $) in raw gold from Canada. Therefore, in the form of ingots or parts, while Statistics Canada compiled only for $ 1.9 billion.

Increased gold reserves

This significant difference would be explained mainly. Moreover. according to the Toronto daily newspaper. by the fact that Canada is unable to follow the destination china buys ten times more new of china buys ten times more new its. exports when china buys ten times. more new they change china buys. ten times more new hands several. times before china buys ten times more new arriving at their final buyer.

Thus. when Canada sells china buys ten times more china buys ten times more gold in the London. New York markets, these exports are counted by Canada as sales in Great Britain and the United States. This, even if in fact, these precious metal exports are ultimately found in the Beijing chests.

According to the GlobeChina has started to accumulate large gold reserves in recent years. and investors seem to react by getting rid of their reserves of Canadian ingots.

TSX benefits

The gold reserves of the Chinese central bank reached 2. 292 tonnes in the first quarter of 2025, growing considerable compared to the 1800 tonnes recorded in the same china buys ten times more new period in 2016. This gold would be china buys ten times more new sent to China. via Hong Kong, mainly by Switzerland, china buys ten times more new Great Britain and the United States.

The outbreak china buys ten times more new of the price of gold. which increased by more than china buys ten times more new 25% in 2025, increased the share of Canadian mining companies. And. by ricochet. the china buys ten times more S&amp. P/TSX Composite, the reference china buys ten times more index of the Toronto Stock Exchange.

The latter increased by more than 11% this year despite customs duties. commercial uncertainty which continue to weigh on the country’s economy.

China buys ten times more new

China buys ten times more new

China buys ten times more new

China buys ten times. more new

China buys ten times. more new

China buys ten times. more

China buys ten times more

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china buys ten times more new

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China buys ten times more new

China buys ten times more new

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