The Swiss National Bank announced on Friday that it achieved profits of around 26 billion Swiss francs (33 billion dollars) in 2025, thanks to a sharp rise in gold prices; as investors flocked to safe-haven assets last year. Although this figure is down from the record profit of 80.7 billion francs in 2024, it still ranks among the top five in the Swiss bank's 119-year history. The 2025 results were bolstered by gains of 36.3 billion francks from the increased value of gold holdings, as investors rushed to buy the precious metal to hedge against global economic turmoil caused by tariffs imposed by U.S. President Donald Trump. The bank achieved...
