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Swiss gold exports by destination

Created at 2 Jun · 3:50 PM1 source
IN SHORT

Swiss gold exports totaled 107.4 metric tons in May, a decrease from 130.5 tons in April. Shipments to India rose to 30.4 tons, while exports to China and Hong Kong fell to 24.4 tons and 17.1 tons respectively.

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Key Numbers

107.4 metric tonsSwiss gold exports in May
130.5 metric tonsSwiss gold exports in April
30.4 metric tonsSwiss gold exports to India in May
24.4 metric tonsSwiss gold exports to China in May
17.1 metric tonsSwiss gold exports to Hong Kong in May
12.5 metric tonsSwiss gold exports to the United States in May

Who's Involved

Switzerland
country reporting gold export data
Swiss gold exports by destination

↳ Why This Matters

Tracking gold exports by destination provides insights into global demand trends and the flow of a key safe-haven asset, potentially influencing gold prices and indicating shifts in investor sentiment or central bank activity.

Key facts

  • Swiss gold exports decreased to 107.4 metric tons in May from 130.5 tons in April.
  • Exports to India increased to 30.4 tons in May.
  • Shipments to China and Hong Kong decreased to 24.4 tons and 17.1 tons respectively in May.
  • Exports to the United States increased to 12.5 tons in May.

Swiss gold exports saw a decline in May, with total shipments falling to 107.4 metric tons from 130.5 tons in April. Despite the overall decrease, exports to India saw a notable increase, reaching 30.4 tons. Conversely, shipments to key markets like China and Hong Kong experienced a reduction, falling to 24.4 tons and 17.1 tons, respectively. Exports to the United States, however, rose to 12.5 tons during the same period.

Frequently asked questions

Swiss gold exports totaled 107.4 metric tons in May.

Exports to India increased to 30.4 metric tons in May.

Shipments to China and Hong Kong decreased in May.

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How It Developed

2 Jun · 3:45 PM
Swiss gold exports by destination in metric tons.
@staunovo via PiQSuite

Sources

T1
Swiss gold exports by destination in metric tons (FOCBS) https://t.co/23jDwbhOxb@staunovo via PiQSuite

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