Market Pricing & Service Fees for Silver & Gold
Management and Service Fee
includes:
- Vault storage of the silver/gold
- Insurance of the silver/gold
- All administrative matters in connection with the buying and storage of the silver/gold
- Early warning alerts and pre-launch reports on the world economy and precious metals
- Quarterly statement of the investor’s silver/gold holdings
- Private Investment advice and consultation relating to your investment
Minimum investment Silver: CHF 250,000
Silver can be purchased in 1,000oz bars (30 kilo) in USD, EUR, GBP and CHF.
SILVER Fee – GoldSwitzerland’s annual management and service fee for silver is:
| Amount | ||
| Institutional Investor (CHF 25M+) | please contact us | |
| CHF 12,000,000 – CHF 25,000,000 | 0.90% p.a. | |
| CHF 8,000,000 – CHF 12,000,000 | 1.00% p.a. | |
| CHF 5,000,000 – CHF 8,000,000 | 1.20% p.a. | |
| CHF 1,500,000 – CHF 5,000,000 | 1.30% p.a. | |
| CHF 700,000 – CHF 1,500,000 | 1.55% p.a. | |
| CHF 250,000 – CHF 700,000 | 1.75% p.a. | |
Or equivalent in USD, EUR or GBP.
The same fees apply for Physical Platinum and Palladium.
Fees are payable 6 monthly in advance for the 1st year.
Thereafter the fee is payable three-monthly in advance.
Silver is 75 x bulkier than Gold and the higher charge reflects the additional higher cost of storage and handling.
Proceed to Account Opening
Minimum investment Gold: CHF 250,000
Gold can be purchased in 100gram (approx 3 oz), 1 kilo (approx 30oz) and 400oz bars in USD, EUR, GBP and CHF.
GOLD Fee – GoldSwitzerland’s annual management and service fee for gold is:
| Amount | ||
| Institutional Investor (CHF 25M+) | please contact us | |
| CHF 12,000,000 – CHF 25,000,000 | 0.65% p.a. | |
| CHF 8,000,000 – CHF 12,000,000 | 0.75% p.a. | |
| CHF 5,000,000 – CHF 8,000,000 | 0.95% p.a. | |
| CHF 1.500.000 – CHF 5,000,000 | 1.05% p.a. | |
| CHF 700,000 – CHF 1,500,000 | 1.30% p.a. | |
| CHF 250,000 – CHF 700,000 | 1.55% p.a. | |
Or equivalent in USD, EUR or GBP.
Fees are payable 6 monthly in advance for the 1st year.
Thereafter the fee is payable three-monthly in advance.
The Bullion market operation in Silver & Gold for clients
MARKET PRICING SILVER: for physical Silver including transport and insurance:
Spot + 7-10‰ per ounce depending on weight.
This represents an increase as of June 2011 due to high additional cost for vault release, transport and insurance from a foreign country. The minimum wholesale trading size for Silver is currently 5,000 ozs.
Spot + 0.30% for 100 gram bars
Spot + 0.25% for 1 kg bars
Spot + 0.15% for 400 oz (12 kg) bars
The price at which GoldSwitzerland buys or sells Gold or Silver for the investor is at the interbank spot price for physical Gold plus a small margin. As this involves physical metals the price includes insurance and security transport of the physical metals to the private vaults.
All transactions of Gold and Silver can be executed directly against the USDollar, Swiss Franc, Pound and Euro.
There is NO VAT payable on Gold even if it is imported into a European country.
There is NO VAT payable on Silver as long as it is stored in the duty free zone at Zurich airport. Only when investors import the silver from the vaults into a European country, VAT is payable at the VAT rate of that country.
Selling Silver & Gold
For selling and handling physical metals the following conditions apply:
- Gold – Minimum weight 600 gram (ca. 19oz)
- Gold – Sales commission – 600 to 2,400 gram (ca 19 to 75oz) 0.5% with a minimum of CHF 350.
- Gold – Sales commission – above 2,400 gram 0.30%.
- Silver – Minimum weight ca. 5,000 oz or less if possible in market
- Silver – Sales commission – between 0.5% and 1% depending on size.
- Rhenus charges are extra (between 600 and 1,500 CHF depending on quantity). This includes the handling and release from the vault, customs clearance and re-issuing a new warehouse receipt to the client.
