Swiss Love Affair With Gold Could Heat Up Again

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Swiss Love Affair With Gold Could Heat Up Again by Armando Mombelli, swissinfo.ch The price of gold increased dramatically in 2012. Since then it has fallen steadily and is now between CHF36,000 to CHF38,000 per kilogram (Keystone) Switzerland has the biggest reserves of gold per capita in the world. Yet an initiative calling for a tripling of the central bank’s gold reserves will shortly be put to a vote. Does the shiny stuff hold a particular fascination for the Swiss?  With 1,040 tonnes of gold, the Swiss National Bank (SNB) has the seventh largest gold reserves in the world. Every…

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