U.S. Exports of Gold Bars and Coins to Asia Jumps 43 Percent

Reuters reported that a surging demand in Asia is prompting an exodus of the gold bars and coins out of the U.S.

As quoted in the market report:

On Friday, Commerce Department data showed U.S. exports of nonmonetary gold, which excludes central bank transactions, soared by 43 percent to $4 billion in December from the previous month.

To view the whole Reuters report, click here.