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001122334455554433221100

swiss citizens bury gold in gardens amid economic uncertainty

In Switzerland, an estimated ten tonnes of gold, worth around CHF 750 million, is believed to be buried in gardens, reflecting a deep-seated distrust in banks. A study reveals that 22% of Swiss respondents own gold, with many opting for home storage over bank deposits, driven by concerns over inflation and economic stability.
SWI swissinfo.ch
Swiss Franc University of St Gallen University of Fribourg CHE Samuel Jaberg Sergio Rossi Thomas Stephens Show more
Finance & Economy, News Article
11:00 02.11.2024
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