Copper $ 4.8205 / lb -0.86%
Brent Crude Oil $ 62.26 / bbl -0.78%
Palladium $ 933.5 / ozt -0.37%
Crude Oil $ 59.73 / bbl -0.71%
Natural Gas $ 3.28 / Btu -2.96%
Silver Futures $ 33.165 / ozt -0.09%
Aluminum Futures $ 2329 / ton -2.30%
Micro Gold Futures $ 3345 / ozt -0.18%
Micro Silver Futures $ 33.17 / ozt -0.21%
Platinum $ 979 / ozt -0.37%
Gold Futures $ 3317.7 / ozt -0.20%
Go to MDC Markets

Swiss National Bank lost over $10bn in 2013 on weak gold prices

Cecilia Jamasmie | March 07, 2014 | 4:41 pm Energy Precious Metals Europe Gold 

The Swiss National Bank, one of the world's biggest owners of gold, posted Friday a US$10.4 billion-loss for 2013, which has forced it to cancel dividends for the first time in its 107-year history. The Zurich-based central bank said bullion...

Mining.com Recommends