Gold Surge from Switzerland Raises Black Money Fears | WHAT REALLY HAPPENED

Gold Surge from Switzerland Raises Black Money Fears

Berne, Switzerland: Amid concerns that the bullion trade is being used to bring back black money from Swiss banks, data showed gold exports from Switzerland are fast approaching the Rs. 1 trillion (nearly $16 billion) mark this year.

Swiss gold exports to India stood at over 2.8 billion Swiss francs ($2.9 billion) in October, up from about 2.2 billion Swiss francs in the previous month, according to the Swiss Customs Administration.

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