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Why is Switzerland important in gold refining?

TL;DRSECO’s correction describes Switzerland as an important refining and trading centre, with gold imported for refining and then exported, processed or stored. That supports its role in the supply chain; it does not establish that Switzerland refines most of the world’s gold.

Source as of Source undated · Source check 2026-10-25 · ภาษาไทย

Dated source reference; not a live quote.

Facts and sources

Supply-chain role
Gold is imported, refined and then re-exported, processed or stored.Source: SECO correction on Switzerland’s refining role · Checked: 2026-10-25

FAQ

Can this be called a majority of world refining?
No. SECO specifically corrects frequently repeated majority-share claims.
Does this page assert a current global percentage?
No. It preserves the supported role without promoting an older percentage as current.

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