Swiss National Bank Records Significant Profit Amid Gold Price Surge

Strong Performance in 2025

The Swiss National Bank (SNB) has reported a substantial profit of approximately 26 billion Swiss francs for the year 2025. This financial performance was primarily driven by the significant increase in gold prices throughout the previous year, as investors turned to safe-haven assets amid global economic uncertainties.

Historical Context

While the 2025 profit represents a decrease from the record-breaking 80.7 billion franc profit achieved in 2024, it still positions itself as one of the top five highest earnings in the SNB's 119-year history. This achievement underscores the bank's strong financial foundation and its role as a major player in global central banking.

Factors Contributing to Profit

The surge in gold prices was the primary factor behind the SNB's profit. As global economic conditions remained uncertain, investors flocked to gold as a safe-haven asset, driving up its price and consequently boosting the SNB's earnings. The bank's substantial gold reserves, a legacy of its historical role and monetary policy, were key to this financial performance.