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Swiss gold exports fall to their lowest level since the tariff shock of August 2025
Switzerland’s gold exports fell 18% in February from the previous month to the lowest levels since last August’s tariff-induced collapse as shipments to Britain and India slowed, Swiss customs data showed on Thursday. Deliveries to the UK – the world’s largest over-the-counter gold trading hub – from Switzerland – the world’s largest bullion refining and transit hub – fell to 20 tonnes last month from 43 tonnes in January. Meanwhile, exports to India, the world’s number-two bullion consumer after China, fell to 13 tons in February from 23 tons the prior month, with gold trading at a discount in the ... (full story)
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- Mar 19, 2026 8:36pm Posted byFundamental Analysis223
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