Consequently Australia became the second largest gold producer after China.Ī gold bar, also called a gold ingot or gold bullion, is a sizeable quantity of a refined metallic gold. In 1851 gold was found near Ophir, the New South Wales Gold Mining contributed significantly to prevent potential bankruptcy for the early colonies in Australia. By the mid 1850's, approximately 40% of the world's gold was produced and created in Australia. The amount of wealth that gold brought in, soon made Victoria a very prosperous and wealthy colony by far, and Melbourne, the island's largest city. The Australian Victorian Gold Rush, had a huge impact on Victoria, and on Australia as a whole.
This option is especially popular for clients looking to hold gold for a limited period, or for those who do not have an adequately safe place to store their bullion.In 1851, gold was discovered in the newly founded colony of Victoria. Clients selecting Swiss vault storage can benefit from favorable repurchase prices. They are the only two banks to have a world following in the gold and silver bars.įor clients looking to buy gold bars, the 10 Ounce Credit Suisse gold bar is available for VAT- exempt Swiss storage or for worldwide delivery. The gold bar design features edges that are sharply defined with a polished surface.Ĭredit Suisse and UBS are the two Swiss financial institutions that have gained a reputation for their high quality precious metals products worldwide. For clients looking to purchase gold bullion in smaller increments, the 1 Ounce Credit Suisse Gold Bar is a good option. Investors who prefer investing in gold per weight find the 10-Ounce Credit Suisse Gold bar good value for money. Credit Suisse gold bars are also LBMA approved.
1 OZ CREDIT SUISSE GOLD BAR EAGLE DESIGN PLUS
The Credit Suisse gold bar comes with CHI hallmark plus the “Essayeur Fondeur”, which means that the assayer (Valcambi) is recognised by the Swiss government. People who owned large amounts of gold, for example, the 10-Oz Suisse bar benefits from the high prices that are witnessed during a geopolitical crisis.Gold has earned the name “crisis commodity” because investors scramble for it when political tensions rise. Buying large gold bars also protect investments from geopolitical uncertainty because they retain their value during times if conflict unlike money.When the value of currency and traditional investments like stocks and bonds start to decline, gold usually moves in the opposite direction. Buying Credit Suisse gold bars helps in portfolio diversification.Therefore, clients may see a higher return on their investment. The premium incurred in purchasing large gold bars is less than that paid when buying in small quantities, for example, gold coins.The 10-Oz Credit Suisse Gold gold bar enables investors to invest into a high quality, low premium gold bullion bar that is well known worldwide.Investing in physical gold such as large gold bars and coins have shown to be a good protection against inflation throughout history because gold prices have historically gone up as living costs have increased.Why Buy the 10 Ounce Credit Suisse Gold Bar Valcambi, one of the largest gold manufacturers in the world produces all Credit Suisse gold bars.The gold bars are shipped together with an assay card that lists the weight and authentication by the assayer.The back side features the Credit Suisse logo imprinted diagonally in a repeating pattern.The bars feature the Credit Suisse stamp, purity level and weight on the front.The gold bar contains 10 Ounces of gold with a fineness of.The Features of the 10-Oz Credit Suisse Gold Bar Gold bars produced by the Credit Suisse are among the most sought after by investors because it’s easy to store and liquidate them. The 1-Ounce Credit Suisse Gold bar and other bullion produced by the company can be traced to the construction of Swiss railroads, when Alfred Escher established the company to finance the expansion of the railroads.Īpart from producing Credit Suisse Gold bars, the company expanded into other sectors including its now well-known financial services. Credit Suisse has produced gold bars for more than 150 years now.
0 kommentar(er)
