how much is a credit suisse gold bar worth

Related: How to Rollover a Portion of Your 401(k) into Physical Gold & Silver (Tax Free)Īll minted Credit Suisse gold bars and most of their cast products are guaranteed to be 24-karat, 0.9999 pure gold, or 99.99% gold. In addition to gold bars, Credit Suisse manufactures bars in silver, platinum, and palladium. These bars have been in continuous production every year since 1979.Ĭredit Suisse gold bars are available to investors in all sizes, from 1 gram to 1 Kilogram. But Valcambi still makes nearly all of the Credit Suisse gold bar products. But they quickly saw significant demand for these smaller-sized bullion products, and so they rolled out a line of gold bars available to buyers and investors all over the world.Ĭredit Suisse sold its stake in Valcambi to European Gold Refineries SA in 2003 for $400 million. Originally, Credit Suisse made its gold bars available only to its own clients. The first Credit Suisse-branded gold bars from Credit Suisse’s Valcambi facility were manufactured in 1979. In 1967, Credit Suisse acquired a 50% stake in the well-known Swiss precious metal refinery Valcambi SA, and owned 100% of Valcambi by the end of 1980. Prior to this, banks created bullion products – bars, coins, and rounds of standard weight and purity – overwhelmingly for institutions and for the ultra-wealthy. In the 1970s, Credit Suisse recognized a need for smaller-denomination gold bullion products for individual precious metal investors.

How much is a credit suisse gold bar worth