SNB announces next tranche of gold sales

The Swiss National Bank announced today (Friday 23 March) that it will sell will sell another 100 tons of gold in regular transactions through the end of September. This continues the SNBs disposal of 1,300 tons of surplus gold in line with the 1999 Washington agreement among 15 European central banks governing sales of surplus gold.

Rather than selling this gold throught the Bank for International Settlements, the SNB will offload this gold directly on the market through "first-class" instit

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: