Switzerland's gold exports rose to the highest level since February 2025 in September, and exports to the UK hit a monthly high since at least 2012. The increase in capital inflows to the British gold market has become an important factor driving the growth of Swiss gold exports. According to Swiss customs data, Swiss gold exports increased 6% month-on-month to 165.2 tons in September; of these, exports to the UK increased 24% month-on-month to 126.2 tons.

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