Swiss National Bank reveals details of its gold reserves in annual meeting

swiss central bank

During the Swiss National Bank’s (SNB) annual meeting in Bern, president Thomas Jordan unveiled the locations of where Switzerland’s gold holdings are stored. Jordan disclosed the central bank holds 70 percent of its 1,040 tonnes of gold in … [Read more...]

Switzerland to hold national referendum on central bank’s gold reserves policy

swiss central bank

Switzerland will be holding a national referendum sometime in the next several weeks on what the Swiss National Bank (SNB) should do with its gold reserves. The government confirmed Thursday that the Swiss Peoples Party (SVP) had the necessary … [Read more...]

Swiss group petitions government to stop selling gold reserves, repatriate holdings

Swiss National Bank gold reserves

A right-wing organization, led by the Swiss People’s Party, the far-right Swiss Democrats and the Lega dei Ticinesi movement, submitted a petition with more than 106,000 signatures that urges the federal government to stop seeking the sale of its … [Read more...]