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Record HK$233M Gold, Silver Seized in Smuggling Bust

3/5/2026

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Story summary
  • Hong Kong customs seized HK$233 million (US$29.81 million) worth of gold and silver hidden in two shipments of household cleaning machines bound for Japan, the largest such seizure on record.
  • Senior Investigator Ho Ting-chun stated that officers intercepted 168 kg of gold and 285 kg of silver during the operation on Monday.
  • The customs department notes growing smuggling activity as precious metal prices rise amid geopolitical tensions.