Shanghai Gold Exchange On the Way to Record Withdrawals of Gold Bullion

Shanghai Gold Exchange withdrawals for the week were about 46 tonnes.
That is about 1,478,516 troy ounces.
Year to date withdrawals are about 2,451 tonnes, compared to 2,074 in 2013 which was the previous high for withdrawals.
Koos Jansen, The Chinese Gold Market Essentials
Gold bullion is moving from West to East, in increasing amounts.

This post was published at Jesses Crossroads Cafe on 18 DECEMBER 2015.