Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek Radio: Raghee Horner and Bix Weir, and Chris Waltzek
By: radio.GoldSeek.com

Train Crash Preview
By: John Mauldin

Gold frequently disappoints Jim Grant, but does he understand why?
By: Chris Powell

Are You Still Fearful of Cryptos?
By: Ryan Wilday

THE SHALE OIL PONZI SCHEME EXPLAINED: How Lousy Shale Economics Will Pull Down The U.S. Economy
By: Steve St. Angelo

Ira Epstein's Metals Video 5 18 2018
By: Ira Epstein

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 2% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Silver Report
By: Ira Epstein

Itís not stagflation, but inflationary impoverishment
By: Alasdair Macleod

COT Gold, Silver and US Dollar Index Report - May 18, 2018
By: GoldSeek.com

 
Search

GoldSeek Web

 
Less gold for China: Swiss foreign trade statistics April 2014


 -- Published: Tuesday, 27 May 2014 | Print  | Disqus 

Switzerland exported 110 tonnes of gold in April, down 21 percent against March figures. Less ETF gold is coming in from the US and UK.

According to the Swiss Federal Customs Office, Switzerland exported 110.92 metric tonnes of gold in April, worth 4.13 billion Swiss francs ($ 4.62 billion). Gold imports for the month were 121.97 tonnes in the amount of 3.45 billion francs ($ 3.86 billion). Compared with March figures, Swiss gold exports are down 21 percent. Gold imports plunged 40 percent.

One reason for less gold coming into Switzerland: Less gold is leaving the SPDR Gold ETF (GLD). In fact we saw GLD inflows of 9.38 tonnes in March. The GLD inventory is stored at HSBC vaults in London. So Swiss imports out of UK dropped 39.65 percent in April. 45 percent less gold came in from the USA.

http://www.goldreporter.de/wp-content/uploads/2014/05/Swiss-Gold-exports-imports-april-20141.jpg

Biggest buyers of Swiss gold were India, Hong Kong, China and Singapore. These countries alone account for 70 percent of all Swiss gold exports. However gold shipments to China decreased 54 percent in April. Swiss gold exports to Singapore were down 49 percent. Export figures for India and Hong Kong remained relatively stable.

For further details please see table above.

German version

Goldreporter


| Digg This Article
 -- Published: Tuesday, 27 May 2014 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.