A new nationwide survey revealed that the Swiss really like buying gold and rank the yellow metal second on a list of preferred investment vehicles, just after real estate.
“Gold is among Swiss people’s favourite forms of investment. The most popular one is real estate (mentioned by 53% of the interviewees), but gold comes a close second with 48%, followed by shares (30%), funds (25%) and current and savings accounts (24%). Platinum occupies ninth place, silver is in 13th place,” said the research team behind the survey, which was conducted by the University of St Gallen in cooperation with the precious metals trader philoro.
The survey interviewed 2,300 adults from German-, French- and Italian-speaking parts of Switzerland between March 28 and April 7.
The Swiss said they chose gold to protect themselves from geopolitical and interest rate risk.
Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana. The Company also has a small gold mining and exploration portfolio in Kenya, Ghana and Burkina Faso.