The price of Chinese gold is rising compared to London levels, a trend that local traders say is due to government restrictions on imports of the precious metal.
THE Shanghai the spot price was more than $40 per ounce higher than London on August 14, according to Bloomberg calculations based on stock market data. This is the largest premium in more than five months, the gap continuing to widen from the end of June, even if demand from Chinese consumers remains sluggish.
