20 Sep 2025
Virtually no Gold exports from Switzerland to the US in August – Commerzbank
The Swiss customs authorities have published data on Gold exports in August, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold might remain exempt from tariffs
"These show a mixed picture. Exports to China rose to 35 tons, the highest level in 15 months, while deliveries to India increased to 15 tons, the highest level this year. This indicates a revival in Gold demand in both countries. Buyers there have apparently become accustomed to the significantly higher price level and no longer expect a significant price decline."
