SNB posts $35 billion profit as gold and foreign assets surge

Published 31/10/2025, 08:40
© Reuters.

Investing.com -- The Swiss National Bank (SNB) reported a third-quarter profit of 27.93 billion Swiss francs ($35.22 billion) from 5.67 million francs a year earlier, driven largely by a surge in the value of its gold holdings.

The central bank booked a valuation gain of 14.33 billion francs on its gold portfolio between June and September, compared with 4.41 billion francs in the same period last year.

The latest increase far exceeds the SNB’s average quarterly gain from gold over the past decade, which has typically been below 2 billion francs, according to UBS

The SNB reported a profit of 13.63 billion francs from its foreign currency investments, which include bonds and equities acquired through its currency market operations.

 

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