Swiss gold imports from the USA reach a maximum since 2012.

Gold import and export from the USA to Switzerland

In April this year, gold imports from the United States to Switzerland surged, reaching a record level not seen at least since 2012. According to Swiss customs data, the volume of gold imports from the USA increased from 25.5 tons in March to 63.0 tons in April. This indicates that Switzerland is the world's largest center for gold refining and transit, as well as having a significant influence on global precious metal markets.

At the same Time, gold exports from Switzerland significantly decreased, with shipments to the USA falling from 103.3 tons to 12.7 tons. It is also important to note that gold previously imported from the USA is being sent back to Great Britain through Swiss refineries. Supplies of gold to other major markets such as India and China have increased but remain at a lower level than last year in April.

This significant surge in global gold flows demonstrates how US trade policies can impact international precious metals markets. Switzerland plays a critically important role in global gold trade, processing a significant portion of the world's gold before its further distribution worldwide.