INSUBCONTINENT EXCLUSIVE:
Swiss exports of gold to India saw a five month high jump in August 2021Swiss exports of gold to India jumped to a five-month high in August
while shipments to China fell, Swiss customs data showed on Tuesday.Switzerland is the world's largest bullion refining centre and transit
hub and its data give insight into global demand trends
China and India are the largest consumers of gold.Swiss gold exportsIn 2020, Swiss shipments to China and India plunged as the coronavirus
spread, and exports to India fell again this year when the Delta variant of the virus took hold there.Following are numbers for August and
comparisons:SWISS TRADE DATA (KG)EXPORT (kg)Aug-21 116,442Jul-21 94,081Aug-20 112,004SHIPMENTS TO KEY MARKETS (KG)To China To Hong Kong To
IndiaAug-21 18,200 2,085 70,294Jul-21 20,000 6,129 36,502Aug-20 10,000 0 20,163* Source: Swiss customs
Data subject to revision by source.
