Market participants declared that by approaching to September and the possibility of #US new #tariffs on #Chinese_goods and products, #demand for buying #dollar has increased in #China. Central bank of China had limited the import of #gold in previous months in order to prevent the exit of wealth from China and increase the value of #Yuan which reached the lowest level since 11 years ago. This rule has changed from last week and the import of gold is not limited anymore. China is the biggest #importer of gold in the world, importing 1500 MT of gold on 2018 which is around third of the global #gold_import. Demand of gold in China had increased 3 times in last three decades.

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