“Most of the gold produced in the world transits physically through Switzerland. Four of the world’s major refineries of gold are located on Swiss soil.  In 2011, over 2,600 metric tons of raw gold were imported into the country, to a total value of SFr96 billion ($103 billion). This was a record, the quantity having more than doubled over the last ten years, not including the gold that transits through Swiss free ports. What keeps the Swiss refineries going at full pace right now is not so much the demand for semi-finished products for jewellery and watchmaking, but the demand for gold bars.”

http://www.swissinfo.ch/eng/business/Switzerland:_the_world_s_gold_hub.html?cid=33706126

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