Switzerland exported tons of gold to the US in July

Also in July, Switzerland has exported tons of gold to the United States. Swiss customs figures show that in total 102.6 tons of gold went abroad of which more than 63 tons was shipped to the United States. This year the US market continues to dominate gold shipments from Switzerland, a role which in recent years had been reserved for countries like India and China.

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Gold keeps flowing from Switzerland to the US

Switzerland keeps exporting large quantities of gold to the United States, according to Swiss customs data. In May and June large quantities of gold were shipped to the other side of the Atlantic, where the demand for the precious metal is still very high. Switzerland exported 126 tons of gold to the US in May. A month later it was 68 tonnes. As a result, the United States are by far the most important export destination for the precious metal in recent months.

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