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Gold price surge helps Swiss National Bank make $33 billion profit

BY Reuters | ECONOMIC | 01:24 AM EST

ZURICH, Jan 9 (Reuters) - The Swiss National Bank made a profit of around 26 billion Swiss ?francs ($32.52 billion) in 2025, the central ?bank said on Friday, ?thanks to big increases in ?gold ?prices as investors headed for safe-havens ?assets last year.

The ?provisional figures were a decline from the ?record 80.7 billion ?franc ?profit the SNB made in 2024, but were still ?in the top five profits the central bank has made in its 119-year history

The SNB's 2025 profit ?was ?boosted by a 36.3 billion franc valuation gain ?in its gold holdings, as investors bought the precious metal to protect them from the global economic turmoil unleashed by ?U.S. President Donald Trump's tariffs. ($1 = 0.7996 Swiss francs) (Reporting by John ?Revill, Editing by Miranda Murray)

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