Boliden’s Q2 earnings disappoint despite near fivefold rise
The miner said higher metal prices boosted its earnings, while lower treatment charges and metal premiums weighed on the result.
Swiss gold exports jumped to the highest since 2016 in August as increased demand from the U.K. continued to offset recent declines in flows to Asia, customs data show. Bullion deliveries to London held at a seven-year high last month driven by a surge in investors seeking haven assets.
Growth worries, coupled with the enduring risk of a no-deal Brexit, fueled demand for exchange-traded funds backed by gold.
(By Elena Mazneva)
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