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January Swiss gold imports/exports confirm the normalisation trend
We continue to follow the pattern of Swiss gold imports and exports as an ever continuing snapshot of gold supply and demand patterns worldwide. As we have noted before country-by-country Swiss gold import and export volumes are hugely indicative of global gold supply and demand patterns, not least because of the high proportion of world gold trade handled by this small European nation’s plethora of major gold refineries which specialise in the re-refining of larger gold bars and doré bullion from mines into the high purity smaller gold bars and wafers most in demand in the key Asian gold markets. (Doré bullion ... (full story)