The man, from the canton of Thurgau, was in the vicinity of a trail linking the Ebenalp and Schäfler Alpine meadows before the accident occurred around 2pm on Monday, cantonal police said.
Police were alerted by a man in a nearby meadow who heard the cry of the victim after he fell.
The hiker was dead by the time a Rega emergency rescue team arrived with a helicopter on the scene along with Alpine Rescue Switzerland.
Police were seeking information from anyone who may have seen the accident, which took place in a region in Eastern Switzerland that is popular with hikers and climbers.
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