Insignia Consultants | Swiss December gold exports to the US reach highest since March 2022
Swiss December gold exports to the US reach highest since March 2022
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LONDON, Jan 30 (Reuters) - Gold exports from Switzerland rose year on year in December as supplies to the United States soared to the highest since March 2022 and offset lower deliveries to top consumer China, Swiss customs data showed on Thursday.
Switzerland, the world's biggest bullion refining and transit hub, along with Britain, home to the world's largest over-the-counter gold trading hub, saw a surge in gold transfers to the U.S. as market players sought to hedge against the possibility of U.S. import tariffs from President Donald Trump.
