Zurich, Oct 31, 2025 (AFP) - Swiss central bank profits boosted by gold price surge

NAMPA / AFP

2025-10-31

Switzerland's central bank on Friday reported a profit of 12.6 billion Swiss francs ($15.7 billion) for the first nine months of 2025, boosted by soaring gold prices and rising stock markets. The Swiss National Bank's gold holdings were unchanged, but their value skyrocketed as investors rushed to buy the precious metal as economic and geopolitical uncertainties drove prices to record highs. At the end of September, the price of a kilogramme of g......

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