(Kitco News) – The global shift in the gold market continued unabated in January as trade data from Switzerland showed robust flows of the precious metal to Eastern nations. In its latest trade report, Switzerland said that 207 tonnes of gold were exported from Europe’s largest refining hub to China, India and Hong Kong....
Tag: Global economy
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Switzerland unexpectedly cut key interest rate by 25 basis points to 1.5%
5 min read Last Updated : Mar 21 2024 | 11:39 PM IST By Bastian Benrath The Swiss National Bank unexpectedly cut its key interest rate by 25 basis points, moving months ahead of global peers as policymakers try to prevent gains in the franc. Officials in Zurich lowered their benchmark...