Gold Investment In Switzerland Remains Very Popular

• Investors in Switzerland like gold and it is the second most popular investment after property or real estate
• 20% plan to invest in gold in the next 12 months
• Almost two-thirds buy or invest in precious metals at their bank; fewer than one-in-ten buy gold online

by Alistair Hewitt of the World Gold Council

There’s no doubt about it: the Swiss like gold.

Switzerland has the second-highest per capita gold demand in the world, a significant over-the-counter gold trading market and is home to the some of the world’s largest, most technologically advanced gold refiners. And the Swiss central bank holds a lot of gold too – 1,040t all told – the eighth largest central bank gold holding in the world.

Now, courtesy of a research team at the University of St Gallen, we have insights into how Swiss investors think about gold and other precious metals. In April, the research team surveyed 2,300 adults from German-, French- and Italian-speaking regions. Standout stats include:

• Almost two-thirds of those surveyed consider precious metals to be a “sensible” form of investing
• One-fifth plan on investing in precious metals in the next 12 months
• Almost two-thirds invest in precious metals at their bank; fewer than one-in-ten buy gold online
• Wealthier respondents were more likely to own precious metals and were more likely to say they would buy precious metals in the next 12 months
• Just shy of two-fifths cited “security” as being the reason for investing in precious metals

Switzerland gold demand

- Click to enlarge

And you can find gold demand per capita data in our supply and demand statistics here.

What do Swiss investors think of gold? Access WGC Blog Here

Everything that you need to know about storing gold in Switzerland:
Essential Guide to Gold in Switzerland – Access GoldCore Guide Here