Commodities
Swiss Gold Exports to US Surged Last Month on Trump Tariff Fears
- Shipments to US jumped 11-fold to 64.2 tons in December
- Bullion exports to US climbed to highest since March 2022
Swiss-made one kilogram gold bars.
Photographer: Wei Leng Tay/BloombergThis article is for subscribers only.
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Gold exports to the US from Europe’s main refining hub in Switzerland jumped to the highest since Russia’s invasion of Ukraine, as traders scrambled to bring bullion ashore ahead of potential tariffs.