The price of gold has seen a significant surge, providing a major boost to the Swiss National Bank’s profitability, according to Reuters. This surge placed the bank in an advantageous position amid the uncertainty that prevails in the global economy. As the value of gold increases, so does the value of the bank’s extensive gold reserves, thus increasing its overall profitability. The Swiss National Bank’s performance demonstrates the critical role that precious metals like gold can play in bolstering the economy. Read More
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