Five years after the spectacular theft of diamonds from a Helvetic Airways plane, operator Swiss International Air Lines is demanding 48.4 million francs in compensation.
The village of Klingnau in the canton of Aargau just got a bit richer: the commune is now allowed to keep 100,000 francs worth of gold bars that were found in a field five years ago.
Customs officials in India have fined a priest working in a parish in Switzerland for hiding three gold ingots disguised as chocolate bars in his baggage, Indian media reported.
A former player for Switzerland’s under-20 football team was caught stealing a gold ingot worth 9,000 francs ($8,950) from a precious metals shop in the canton of Aargau, according to media reports on Wednesday.
Eric Schreiber, an independent asset manager based near Morges in the canton of Vaud, argues why Swiss voters should say "yes" to a referendum initiative that calls on the Swiss National Bank to hold more gold.
As Switzerland prepares to vote this month on whether to force the country's central bank to increase its gold reserves, economists warn a 'Yes' vote could wreak havoc in financial markets.
Switzerland’s central bank has come out swinging against a proposal that would require it to boost the share of gold in its assets to at least 20 percent while prevent it from selling any bullion.
The Swiss central bank reported a profit equivalent to 23.6 billion euros for the first nine months of the year on
gains from currency trading and a rise in the value of its gold reserves.
A Geneva-based non-governmental organization claimed on Monday that a Swiss company laundered gold ore pillaged by an illegal armed group from conflict-torn Democratic Republic of Congo.
Italian police on Thursday seized €163 million ($207 million) worth of assets from a criminal association headquartered in Switzerland, as well as a luxury villa used as a safehouse for stashing gold.
<p>Two council workers in Switzerland could be in for an unexpected windfall after finding gold ingots worth 124,000 francs ($126,000) behind a bush, it was reported on Thursday.</p>
<p><span style="font-family: arial, sans-serif; font-size: 13px;">Switzerland's biggest political party SVP is seeking to stop the central bank from selling the country's gold reserves through a citizen's initiative launched on Tuesday.</span></p>
<p>The Swiss trade surplus hit a record in May, with imports plunging during the month as gold imports from Vietnam vanished, the Swiss customs authority said on Thursday. </p>
