8月初，美国某机构裁决明确将1公斤和100盎司金条（美国最主流交易规格）纳入对等关税征收范围，这一突 如其来的政策冲击瞬间让全球黄金市场陷入混乱。黄金出口近乎停滞，海关数据显示瑞士8月对美黄金出口量 从上月的30余吨暴跌99%至仅0.3吨。 AI播客：换个方式听新闻 下载mp3 音频由扣子空间生成 欧洲主要黄金精炼中心瑞士对美国的黄金出口在8月遭遇历史性暴跌，起因是美国一项临时加征金条关税的裁 决引发市场恐慌。 尽管白宫迅速回应称将"澄清关税相关误解"，美国总统特朗普更于黄金征税传闻出现的一周后在社交媒体明确 表态"黄金不会被征税"，但金条关税豁免直至9月初才正式生效，黄金贸易链才逐步恢复运转。 作为全球最重要的黄金精炼枢纽，瑞士目前面临着发达国家中最高的39%美国进口关税。今年一季度创纪录的 360亿美元黄金出口，占瑞士对美贸易顺差的三分之二以上。 关税政策的冲击在8月数据中全面显现：经季节性调整后的瑞士对美总出口额环比下降22%，其中黄金出口量 暴跌直接拖累整体表现。瑞士联邦海关总署数据显示，8月黄金出口总量环比减少19%至不足105吨，但对中国 出口量却激增两倍多至35吨，折射出供应链的紧急调整。 这场 ...

Group 1 - In July, Switzerland's gold exports to the United States surged to nearly 51 tons, a 169-fold increase from less than 0.3 tons in the previous month, marking the highest level since March [1] - Overall, Switzerland exported 129 tons of gold in July, representing a year-on-year increase of over 50%, with a total export value of 4.4 billion Swiss francs [1] - For the first seven months of the year, Switzerland exported nearly 1,040 tons of gold, with 518 tons going to the U.S., accounting for nearly 50% of total exports [3] Group 2 - The World Gold Council reported that global gold demand reached 1,249 tons in the second quarter of 2025, a 3% year-on-year increase, driven primarily by strong investment inflows [3] - Switzerland is the largest gold refining and trading center globally, refining 50% to 70% of the world's gold annually [4] - The Swiss gold industry has established a solid reputation since the late 1960s, adhering to strict quality standards under a specialized Precious Metals Law [4] Group 3 - Concerns arose regarding potential tariffs on gold imports to the U.S., with a previous decision by Trump to impose a 39% tariff on Swiss imports, although it was later clarified that gold would not be taxed [6] - The Swiss Precious Metals Manufacturers and Traders Association expressed that imposing tariffs on gold would significantly impact trade between Switzerland and the U.S. [6] - The Swiss National Bank indicated that changes in trade balance driven by gold should be interpreted cautiously, as they reflect global factors rather than changes in the Swiss economy [7]