bullionstar.com / 28 Jun 2017
This monthly series analyses recent developments in the world’s largest physical gold markets such as India, China, Russia and Switzerland and features charts as diverse as Swiss gold imports and exports, Russian Federation gold reserves, Shanghai Gold Exchange physical gold withdrawals, and COMEX gold futures vault inventories. The featured charts have been created by the market chart website.
Shanghai Gold Exchange (SGE) – Gold Withdrawals
Shanghai Gold Exchange (SGE) gold withdrawal data for the month of May was reported by the Exchange to have reached 138 tonnes. Note, these gold withdrawal figures refer to actual withdrawals of physical gold bars from the Exchange’s vast vault network, and are a suitable proxy for estimating Chinese wholesale gold demand.
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