Swiss gold imports from the U.S. jumped to a record 63 metric tons in April, marking the highest level since 2012, thanks to the exclusion of precious metals from U.S. import tariffs.
Although Switzerland’s total gold exports fell by 31% month-on-month, deliveries to India and China increased slightly.
Some gold was re-exported to the UK, signaling a reshuffling of bullion flows. The data suggests a significant shift in global gold trade patterns amid changing tariff and market dynamics.
Original Source: Yahoo Finance
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