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I’m not sure 100% sure, but I imagine the cost of transporting to Europe is probably higher than the cost of refining to the European standard.
by bitmasher9 1mo ago
I’m not sure 100% sure, but I imagine the cost of transporting to Europe is probably higher than the cost of refining to the European standard.
- leonidasrup 1mo agoSwitzerland has 4 of the 15 biggest gold refineries in the world in 2026 https://vinodvsharma.com/top-15-biggest-gold-refineries-in-the-world/ https://vinodvsharma.com/top-15-biggest-gold-refineries-in-t...
- bitmasher9 1mo agoYeah, I know most of the gold that goes to Europe from the US usually gets refined in Switzerland. I have no idea what portion of the total cost that is to move gold from US to Switzerland. I imagine it’s less than the insured carrier service.
- leonidasrup 29d ago[flagged]