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Swiss banks hike charges to store gold in their vaults 20%

Frik Els | January 29, 2013 | 8:48 pm Precious Metals Europe Gold 

FT.com reports UBS and Credit Suisse, which dominate the Swiss physical gold market have reportedly hiked their charges for holding the yellow metal – typically around 0.05-0.1% of the value – by as much as 20%. The move by the Swiss...

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