Swiss Love Affair With Gold Could Heat Up Again

Swiss Love Affair With Gold Could Heat Up Again by Armando Mombelli, swissinfo.ch

Switzerland has the biggest reserves of gold per capita in the world. Yet an initiative calling for a tripling of the central bank’s gold reserves will shortly be put to a vote. Does the shiny stuff hold a particular fascination for the Swiss? 

With 1,040 tonnes of gold, the Swiss National Bank (SNB) has the seventh largest gold reserves in the world. Every Swiss thus owns 128 grams of the precious metal, without taking account...