Swiss January gold exports to the US reach highest for 13 years
Gold exports from Switzerland rose year on year in January as supplies to the United States soared to the highest in at least 13 years and offset lower deliveries to top consumers China and India, setting a worrying precedent for global supply chain resilience.
- The surge in US-bound gold imports raises concerns about the potential impact of tariffs on international trade flows, potentially destabilizing global economic markets.
- Will the escalating tensions over US-China trade agreements further exacerbate market volatility and disrupt the already fragile global gold market?