Switzerland's gold sector is booming

Thu Mar 20 2025

Switzerland's gold sector is booming as investors seek safe-haven assets amid growing political instability, with the United States recently increasing its holdings. According to Dominique Casaï, founder of Uram, the increase in gold purchases in the US is linked to Donald Trump's election campaign. "To avoid possible tariffs on gold imports, traders have started to stock up in advance," he explained.

Switzerland, home to the world's largest gold refineries, is a major beneficiary. Up to two-thirds of all gold traded globally is physically transported through the country, and Swiss refineries are currently operating at full capacity. However, Casaï warns that the real economic battle is over strategic metals and rare earths – critical for energy and technology.

Source: https://insajderi.org/