Swiss Gold Exports to U.K. Hit 6-Year High on ETF Surge

Swiss gold exports to the United Kingdom rose to the highest in six years, driven by a surge in demand for exchange-traded funds.

Switzerland shipped 90.7 tons of bullion to the U.K. in July, the most since September 2012, according to data on the website of Swiss Federal Customs Administration. That compares with just 7.4 tons in June.

Swiss Gold Exports to U.K. Hit 6-Year High on ETF Surge