Gold price surge boosts Swiss National Bank's profit
From miningweekly.com
The Swiss National Bank made a profit of around 26-billion Swiss francs ($33-billion) in 2025, the central bank said on Friday, thanks to a sharp increase in gold prices as investors headed for safe-haven assets last year. The provisional figure was down from the record 80.7-billion-franc profit in 2024, but still ranked among the top five in the SNB's 119-year history. The 2025 result was driven by a 36.3-billion-franc valuation gain on its gold holdings, as investors piled into the precious metal to shield against global economic turmoil triggered by US President Donald Trump's tariffs. The SNB's gold profit was ...
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