Swiss franc and gold as safe havens

There is great uncertainty around the world regarding tariffs. The strength of the Swiss franc is likely to force the Swiss National Bank to cut interest rates, which could lead to negative interest rates. Swiss francs are also popular as a safe haven, as Switzerland is a politically and economically stable country. The fact that the Swiss franc has risen to a ten-year high against the US dollar is forcing decision-makers to support the export-heavy economy. However, this should not provoke a backlash from the USA. An interest rate cut by Switzerland to zero or below should put a stop to the rise in the Swiss currency. Threats of tariffs by the USA have already reached Switzerland. This shows once again how currencies can be manipulated. The Swiss prime rate currently stands at 0.25 percent and a further rate cut could come at the National Bank’s next meeting in June. Gold is proving to be a much safer haven than the Swiss franc. Savers are never happy about negative interest rates. This can only strengthen the gold price.

After many new record highs, a wave of selling has set in for gold. In addition to the many known uncertainties, the sharp rise in the price of gold in the first quarter of 2025 was partly caused by strong investment demand. Gold ETFs enjoyed hefty inflows. As it can be assumed that central banks will continue to increase their gold reserves in the coming months and general investment interest will remain high, the price of gold should also rise again. Gold companies such as Fury Gold Mines or royalty companies such as Osisko Gold Royalties are of course also an investment opportunity

Fury Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ – has promising projects in Quebec and Nunavut. With the acquisition of Quebec Precious Metals, Fury Gold Mines now owns a gold and mineral exploration portfolio totaling over 157,000 hectares in Quebec.

Osisko Gold Royalties – https://www.commodity-tv.com/ondemand/companies/profil/osisko-gold-royalties-ltd/ – has holdings in the gold and copper sector. 2024 stands for record revenues.

Latest corporate information and press releases from Osisko Gold Royalties (– https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd/ -) and Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/