Hong Kong police hunt for trio who stole HK$3 million in gold powder at knifepoint

The insider said the robbers fled in a white car driven by a third man.

The luggage contained six bags of gold powder with an estimated value of HK$3 million (US$383,160), with the items’ exact worth yet to be officially confirmed, the source said.

The two victims were unharmed during the robbery.

Officers mounted a search of the areas, but no arrests have been made so far.

Police said the two robbers wore black clothing and face masks during the hold-up.

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Detectives from the Tai Po district crime squad are investigating the case, with officers checking surveillance camera footage for evidence.

Last year, police handled 97 robberies across the city, an increase of 26 per cent from 77 cases logged in 2022.