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Jun 21, 2016

GATA | THE GATA REPORT - June 21, 2016: Switzerland Gold Export Jump 20% in May, Highest This Year

Submitted by cpowell on  June 21, 2016From Platts, London Tuesday, June 21, 2016

LONDON -- Gold exports from Switzerland totaled 177.3 metric tonnes in May, up 20 percebt from 147.8 metric tonnes reported in April, and the highest level since December, Swiss federal customs data showed Tuesday.
The figure is 69 percent higher than 105.1 metric tonnes reported a year earlier.
Exports to China were 36 percent higher on the month at 19 metric tonnes in May, while exports to Hong Kong were 2.5 times as large at 24 metric tonnes.
Exports to the United States were also up on the month to 18.9 metric tonnes in May, from just 2.3 metric tonnes in April. ...

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