If you are considering an investment, Credit Suisse Gold products are. Gold products from Credit Suisse are valued all over the world for their history, beauty and long-term value. A philosophy that balances both international availability and local trends helps Credit Suisse respond and adapt to changing markets and fluctuating client needs. The financial institution consists of five total areas: Europe, the Middle East, Africa, the Americas, and Asia Pacific. It provides a range of financial products and services and is rated by:Ĭredit Suisse has an expansive operation, reaching well across the globe. It has operations in over 50 counties, including 22 booking centers. Since its founding in 1856, Credit Suisse has grown immensely to more than 45,800 employees. They also service high net-worth individuals in their home country of Switzerland and worldwide. Their combined financial experience and expertise makes Credit Suisse a valuable asset to corporate, institutional and governmental organizations. But any jeweller should buy the gold bar and certainly any gold dealer who sells bars.Credit Suisse is one of the most established and respected of all mints and financial institutions in the world. If he does not sell bars, he will definitely give you a contact or even get one for you. The best place to start is by asking your local jeweller where you can get one. They have counters all over the country. There are gold dealers as well as jewellers who sell such bars.
You can get the bars either from the Minerals and Metals Trading Corporation. So it's not as simple as walking into a bank and picking up a gold bar at the counter. They prefer selling in bulk to certain customers who regularly take fixed amounts from them. Unfortunately, these banks are not eager to service individuals. When you sell the gold bars, you get the prevailing market rate.Ĭertain bullion banks like Nova Scotia import the bars and sell them in the Indian market. Today, it is possible to produce gold up to 99.9999% purity and referred to as 999. Gold purity is expressed in parts per thousand. The seller would either refer to it as 995 or 999, the latter being more expensive.įineness refers to the purity of gold. However, you may get a few rupees' difference between sellers.īut if you have two bars of identical weight going for different rates, it could be the fineness. The cost of the bar will be the current market rate with a 1% sales tax. However, they are becoming less popular and the 100 gm bars are increasing in popularity.įor exact weight in ounces and grammes, here is the conversion. One tola was the equivalent of the silver rupee issued by the British East India Company. The traditional Indian measure for gold is tola, a name derived from the Sanskrit word tula for scale or balance. India is known for its TT bars (10- tola bars). Thinner gold bars are sometimes referred to as gold biscuits or gold wafers. These gold bars come in various sizes: 50 grams, 100 grams, 1 kilogramme, 1 ounce, 10 ounces, 100 ounces and 400 ounces, to give a broad indication. Credit Suisse, Johnson Matthey, PAMP Suisse, UBS and Rand Refinery are a few. Some of the more well-known ones are from the refineries from Europe, South African and Australia. There are plenty of bars available in the market that are imported from all over the world. To invest in gold, go for the gold bars. To understand how gold bars score over jewellery, read Buy a gold bar, not a necklace! In fact, it is a great investment and must be part of your overall investment portfolio. I never did say gold is a bad investment.
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