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KM Financial Solutions | U.S. attracts record amount of gold from Switzerland as pandemic upends market
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U.S. attracts record amount of gold from Switzerland as pandemic upends market

17 Jun U.S. attracts record amount of gold from Switzerland as pandemic upends market

Posted at 10:04h in News by
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Switzerland exported 126.6
tonnes of gold worth around $7 billion to the United States in
May – the biggest monthly shipment on record – as high prices in
New York continued to pull in metal, customs data showed on
Thursday.
Swiss shipments to China and India, usually the two largest
buyers, remained near rock bottom.
The coronavirus crisis has turned the global gold market on
its head, with purchases of jewellery and gold bars in As

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