Swiss SNB gold sales total 5.4 tons in 10 days

The Swiss National Bank said on Feb 20 its gold reserves fell by CHF77.6 million to CHF34.33 billion in the 10-day reporting period to Feb. 20, 2001. Based on the SNB's quarterly valuation of gold at CHF14,335 a kilo, the central bank has sold around 5.4 metric tons in the latest ten-day period. That brings total gold sales to around 191.4 tons since the SNB began its gold sales on May 1, 2000.

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: