Switzerland's Gold Exports Surge 30% in March with Increased Deliveries to the UK
Switzerland's gold exports rose by 30% in March, driven by a significant increase in shipments to the UK, which reached their highest level since December. The UK, a major hub for over-the-counter gold trading, received 57.6 metric tons of gold from Switzerland, up from 19.8 tons in February. Additionally, exports to China, a key bullion consumer, increased by 18%. However, shipments to India decreased to 3.1 tons from 11.6 tons, reflecting subdued local demand. Switzerland remains the world's largest bullion refining and transit hub, playing a crucial role in global gold distribution. 
