Net purchases declined to 66.8 tons from 68.2 tons in October and 87.2 tons a year earlier, according to data from the Hong Kong Census & Statistics Department compiled by Bloomberg.
Category: Bullion Street
US Silver production drops 17% Y Y in Oct: USGS
The average daily Engelhard silver price for October was $15.77 per troy ounce, which was 7% more than that of September and 8% less than that of October 2014.
US Gold production up 3% Y Y in Sep: USGS
Based on unrounded data, the average daily gold production for U.S. mines was 622 kg in September 2015, about 607 kg in August 2015, and 567 kg for year-to-date 2015.
Turkey Gold, Silver imports fall in November
Total gold imports from January to November were at 43.98 tons, down significantly from 119.32 tons recorded for the corresponding period last year.
India Gold jewellery exports up 10.88% in November: GJEPC
Gold jewellery exports were down 21.01% to $5.52 billion in the first eight months of FY 2016, while that of medallions & coins more than doubled to $3.68 billion in the same period.
Russia adds 22 tons to Gold reserves in November
Russia has so far added around 187 tons into its reserves this year. The November addition is Russia’s ninth straight month of increase.
India’s polished Diamond exports fall 15% to $1.32 bn in Nov: GJEPC
Rough diamond imports plummeted 60% to $624.9 million and rough exports slumped 34% to $62.1 million, leaving net imports – rough imports minus exports – 61% lower at $562.8 million.
US Silver production declines in Sep: USGS
Based on unrounded data, the average daily silver production in September was 2,753 kg compared with 3,010 kg in August and 3,240 kg for full-year 2014.
US Mint’s American Eagle Silver Bullion coin sales hit new record
In 2015, sales of the coins reached 47,000,000 ounces, higher than the 44,006,000 ounces sold last year and the 42,675,000 ounces sold in 2013.
Belgium’s Nov polished Diamond exports fall 12% to $920.4 mn: AWDC
Rough imports slumped 43% to $709.3 million and rough exports plummeted 54% to $643.4 million. Net rough imports, representing imports minus exports, moved from negative $171 million to positive $65.8 million during the month.