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Switzerland gold exports jump 20% in May, highest this year

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Published : June 22nd, 2016
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Category : GoldWire

LONDON -- Gold exports from Switzerland totaled 177.3 metric tonnes in May, up 20 percebt from 147.8 metric tonnes reported in April, and the highest level since December, Swiss federal customs data showed Tuesday.

The figure is 69 percent higher than 105.1 metric tonnes reported a year earlier.

Exports to China were 36 percent higher on the month at 19 metric tonnes in May, while exports to Hong Kong were 2.5 times as large at 24 metric tonnes.

Exports to the United States were also up on the month to 18.9 metric tonnes in May, from just 2.3 metric tonnes in April. ...

... For the remainder of the report:

http://www.platts.com/latest-news/metals/lond...gold-exports...

 

Data and Statistics for these countries : China | Hong Kong | Switzerland | All
Gold and Silver Prices for these countries : China | Hong Kong | Switzerland | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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