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1.Market Observations, 8.Was Sticky

18 Sept 2019 (AFR) – Investors pull gold from Hong Kong as tensions rise

(18 September 2019, AFR, p23, Hudson Lockett and Henry Sanderson)

Hong Kong /London | Private investors have begun to move their holdings of gold from Hong Kong, months into the financial centre’s worst political crisis since the handover from British to Chinese sovereignty in 1997. Gold is moving to Singapore and Switzerland as some individual investors eye other offshore jurisdictions to store their holdings of the precious metal, according to companies that sell gold in the city.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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