Tag: Gold Market
Gold shipments from Switzerland to China resume
After a five month break, gold shipments from Switzerland to China have resumed, the rebound should support gold prices.
Read full article here
Switzerland is running out of gold
The bullion supply of from Switzerland has been interrupted because three of the five Swiss refineries are based in Ticino, the canton which saw...
Switzerland exported less gold to the world and to China during...
During last month, Switzerland's gold exports collapsed: the country only delivered 45 tonnes of gold (total value of CHF 1.93 billion) to the world....
About Switzerland’s gold exports to China
Switzerland’s is the world’s most important trading place for gold; it processes two-thirds of the precious metal. In the last decade, gold exports to...
Swiss January gold exports to China are over 40 tons, highest...
Switzerland exported around 120 tons of gold in January, over half of it went to Asia (90 tons) and over one third of it...
China has the world’s highest gold consumption since five years
In 2017, China was the world’s biggest gold consumer, total consumption amounted to 1089.1 tons, which is also more than in 2016. The increase...