CentBit.Online – Crypto & Blockchain Expert, Bangladesh
Switzerland, one of the world’s largest gold refining hubs, has reportedly proposed investing in the US gold refining industry as part of a strategy to secure lower tariffs on precious metal imports and exports.
The move comes as trade negotiations between Washington and Bern intensify, with Switzerland aiming to safeguard its dominant position in the global gold market. The country refines an estimated two-thirds of the world’s gold supply, making access to favorable tariff structures critical for maintaining its competitive edge.
Analysts say this proposal could deepen economic ties between the two nations, particularly as the US looks to strengthen its strategic control over precious metals amid rising global demand and ongoing geopolitical tensions.
If approved, Switzerland’s investment could set a precedent for similar agreements between the US and other key commodity partners, potentially reshaping the international gold trade landscape.
