(Kitco News) - Some of the biggest gold refiners in the world report problems with sourcing the yellow metal. There are some analysts suggesting that Russian gold is still making its way into the system via other routes. There are many trade embargos against the Russians since the nation invaded Ukraine and the impact on some refineries has been significant.
(Kitco News) - China's net gold imports via Hong Kong rose 58.3% in May from the previous month, Hong Kong’s official data showed on Monday. This comes as pandemic-related curbs were relaxed in major cities. Net imports stood at 8.281 tonnes, according to the Census and Statistics Department. Imports were, however, down 62% year-on-year.