Go Back   English Forum Switzerland > Help & tips > Other/general  
Reply
 
Thread Tools Display Modes
  #1  
Old 20.04.2007, 11:51
Tiger's Avatar
Member
 
Join Date: Mar 2007
Location: Zurich
Posts: 120
Groaned at 3 Times in 2 Posts
Thanked 20 Times in 18 Posts
Tiger has made some interesting contributions
Buying gold in Zurich

Hi!

I'd like to buy some 22 ct. gold (about 10-20 grams). Can anyone recomment a trusted place where I can get it from? I know UBS sells it for about CHF 280-280 per 10 gms. Anybody know any reliable place where I can get it cheaper.

Thanks & have a good weekend!
Tiger
Reply With Quote
  #2  
Old 20.04.2007, 12:08
panamahat's Avatar
Senior Member
 
Join Date: Nov 2005
Location: Seefeld, Zürich
Posts: 438
Groaned at 0 Times in 0 Posts
Thanked 71 Times in 57 Posts
panamahat has no particular reputation at present
Re: Buying gold in Zurich

Did they really quote you a choice price on that amount of gold ?

Or is that a mistaken price you've mentioned there ?

And if that's the market for gold , then that's the market for gold.
You're very unlikely to get gold or any commodity for that matter cheaper than the spot market.
Reply With Quote
  #3  
Old 20.04.2007, 12:15
Lob's Avatar
Lob Lob is offline
Forum Legend
 
Join Date: Nov 2005
Location: -
Posts: 7,814
Groaned at 45 Times in 40 Posts
Thanked 1,973 Times in 1,060 Posts
Lob has a reputation beyond reputeLob has a reputation beyond reputeLob has a reputation beyond reputeLob has a reputation beyond reputeLob has a reputation beyond repute
Re: Buying gold in Zurich

you want to barter on gold prices? www.ricardo.ch might help.

otherwise gold is market price, just like stocks and shares. Can you help me get 2000 UBS N for 50-55 francs?
Reply With Quote
  #4  
Old 20.04.2007, 12:17
bubbles4352's Avatar
Forum Veteran
 
Join Date: Jan 2007
Location: Zurich
Posts: 572
Groaned at 0 Times in 0 Posts
Thanked 174 Times in 108 Posts
bubbles4352 is considered knowledgeablebubbles4352 is considered knowledgeablebubbles4352 is considered knowledgeable
Re: Buying gold in Zurich

Why not buy eg a Krugerrand or a Maple Leaf? They are all 24 karat (99.99%) gold. You can choose the weights as well, eg 1/10 ounce --> 1 ounce.

UBS and everyone else will sell gold to you at the spot price + their markup. It's very competitive and the markup tends to be pretty much the same.

At this very instant a one ounce Maple Leaf will cost you chf 882, and UBS will buy one off you for chf 820...

Last edited by bubbles4352; 20.04.2007 at 12:17. Reason: added a 9...
Reply With Quote
  #5  
Old 20.04.2007, 12:25
panamahat's Avatar
Senior Member
 
Join Date: Nov 2005
Location: Seefeld, Zürich
Posts: 438
Groaned at 0 Times in 0 Posts
Thanked 71 Times in 57 Posts
panamahat has no particular reputation at present
Re: Buying gold in Zurich

Quote:
View Post
you want to barter on gold prices? www.ricardo.ch might help.

otherwise gold is market price, just like stocks and shares. Can you help me get 2000 UBS N for 50-55 francs?

last at 75.15 up 1.15 on day
u rascal.....
Reply With Quote
  #6  
Old 20.04.2007, 12:26
ExoticLatic's Avatar
Forum Veteran
 
Join Date: Mar 2007
Location: UK - Manchester
Posts: 702
Groaned at 1 Time in 1 Post
Thanked 65 Times in 55 Posts
ExoticLatic has no particular reputation at present
Re: Buying gold in Zurich

Don't buy that foreign muck, a good old Vreneli will do the trick, with Mother Helvetia on the coin
Reply With Quote
  #7  
Old 20.04.2007, 13:00
bubbles4352's Avatar
Forum Veteran
 
Join Date: Jan 2007
Location: Zurich
Posts: 572
Groaned at 0 Times in 0 Posts
Thanked 174 Times in 108 Posts
bubbles4352 is considered knowledgeablebubbles4352 is considered knowledgeablebubbles4352 is considered knowledgeable
Re: Buying gold in Zurich

Quote:
View Post
Don't buy that foreign muck, a good old Vreneli will do the trick, with Mother Helvetia on the coin
Yeah, a Vreneli would work as well - they are 90% gold, according to...
http://www.swissmint.ch/upload/_pdf/.../d/VRENELI.pdf
Reply With Quote
  #8  
Old 20.04.2007, 13:23
Tiger's Avatar
Member
 
Join Date: Mar 2007
Location: Zurich
Posts: 120
Groaned at 3 Times in 2 Posts
Thanked 20 Times in 18 Posts
Tiger has made some interesting contributions
Re: Buying gold in Zurich

I saw the UBS quote on their website:

https://wb1.ubs.com/fin/pub/ace/p/_s...vigationId=233

Currently at CHF 283 for 10 grams.

I saw some gold shops in Langstrasse area but wasen't sure if the stuff I get would be acually 24 ct. With UBS, I could be sure.

UBS rep I spoke to told me that I could come over (Paradeplatz) and pay cash and pick up the 10 grm. kinebar. As easy/simple as that.
Reply With Quote
  #9  
Old 20.04.2007, 15:22
bubbles4352's Avatar
Forum Veteran
 
Join Date: Jan 2007
Location: Zurich
Posts: 572
Groaned at 0 Times in 0 Posts
Thanked 174 Times in 108 Posts
bubbles4352 is considered knowledgeablebubbles4352 is considered knowledgeablebubbles4352 is considered knowledgeable
Re: Buying gold in Zurich

Maybe get yourself an LGD (London Good Delivery) bar. They are "only" 400 ounces. Should keep you going for a day or so...
Reply With Quote
  #10  
Old 04.02.2008, 02:44
muze7's Avatar
Forum Veteran
 
Join Date: May 2006
Location: Uk now
Posts: 1,206
Groaned at 3 Times in 3 Posts
Thanked 145 Times in 91 Posts
muze7 is considered knowledgeablemuze7 is considered knowledgeablemuze7 is considered knowledgeable
Re: Buying gold in Zurich

Do you pay mehrwertsteuer (tax) on gold if you buy kinebars at UBS? Edit: apparently you do not have too, although other forms (shares?) in CH do attact this tax

Last edited by muze7; 05.02.2008 at 22:22.
Reply With Quote
  #11  
Old 04.02.2008, 03:40
Banned
 
Join Date: Apr 2007
Location: Brisbane
Posts: 63
Groaned at 5 Times in 3 Posts
Thanked 8 Times in 7 Posts
Aussie is considered unworthyAussie is considered unworthyAussie is considered unworthy
Re: Buying gold in Zurich

You should check here

http://www.ainsliebullion.com.au/?gc...FQaYiQodNUPZXw

They will at least give you the market price of gold.
I'm not sure what the current market price is, last I checked it was around $845 AUD an ounce. So if that's the price for as much as you want, then you can't do anything to change it, nowhere will give you less than market value.

Pretty sure these guys will deliver anywhere in the world, and personally I buy right over the counter from them as they are about 500m from my work.

If you like, and it's cheaper, I will buy it for you right here and mail it to you C.O.D.

It's all 99.99% 24carat, the only thing in it is a tracer isotope, and you can buy any amount you like. I dont suggest buying minted coins as you pay way more than market value for the minting of the coin. ie. the weight of the coin doesnt reflect market value price.

I don't know where you buy gold in switzerland but I assume its a similar deal there.



Reply With Quote
  #12  
Old 12.04.2008, 19:52
Newbie
 
Join Date: Jun 2007
Location: Zurich
Posts: 1
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
nadigsat has no particular reputation at present
Buying gold in Zurich

Hello! I have found it very difficult to find a place online where I can buy gold, either a coin or a bar or in any other form, in or around Zurich. It used to be very eazy in the US where any Pawn shop would sell new or used Krugerrand, Maple, Eagle or Panda gold coins of half or 1 oz. weight.
Any help or guidance is appreciated.
Reply With Quote
  #13  
Old 12.04.2008, 23:18
dino's Avatar
Forum Veteran
 
Join Date: Feb 2006
Location: Zurich
Posts: 1,663
Groaned at 31 Times in 24 Posts
Thanked 1,279 Times in 628 Posts
dino has a reputation beyond reputedino has a reputation beyond reputedino has a reputation beyond reputedino has a reputation beyond reputedino has a reputation beyond repute
Re: Buying gold in Zurich

Quote:
View Post
Hi!

I'd like to buy some 22 ct. gold (about 10-20 grams). Can anyone recomment a trusted place where I can get it from? I know UBS sells it for about CHF 280-280 per 10 gms. Anybody know any reliable place where I can get it cheaper.

Thanks & have a good weekend!
Tiger
... and while you're at it, anyone know where I can buy $10 notes for $8 or less??
Reply With Quote
This user would like to thank dino for this useful post:
  #14  
Old 12.04.2008, 23:57
Nathu's Avatar
Forum Legend
 
Join Date: Apr 2007
Location: Zürich
Posts: 4,674
Groaned at 18 Times in 16 Posts
Thanked 2,208 Times in 1,248 Posts
Nathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond reputeNathu has a reputation beyond repute
Re: Buying gold in Zurich

Quote:
View Post
Hello! I have found it very difficult to find a place online where I can buy gold, either a coin or a bar or in any other form, in or around Zurich. It used to be very eazy in the US where any Pawn shop would sell new or used Krugerrand, Maple, Eagle or Panda gold coins of half or 1 oz. weight.
Any help or guidance is appreciated.
Maybe this can help you. Or ask at a bank.
Reply With Quote
  #15  
Old 13.04.2008, 00:13
Cata1yst
 
Posts: n/a
Re: Buying gold in Zurich

Quote:
View Post
... and while you're at it, anyone know where I can buy $10 notes for $8 or less??
Warming the colour laser jet up now. Tell you what I'd do them for 7chf each for you
Reply With Quote
  #16  
Old 13.04.2008, 00:30
prasad_zurich's Avatar
Newbie 1st class
 
Join Date: Feb 2008
Location: Zurich
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
prasad_zurich has slipped a little
Re: Buying gold in Zurich

well. . now we know where we can buy GOLD.

I want to know whether we can take the purchased GOLD to other countries (home country) in check-in baggage/cabin baggage?

If allowed, is there any limitation on the amount of GOLD we can take with us?

Did anyone do that?

Regards
Prasad
Reply With Quote
  #17  
Old 13.04.2008, 08:20
colin's Avatar
Member
 
Join Date: Nov 2007
Location: Zürich
Posts: 168
Groaned at 8 Times in 6 Posts
Thanked 76 Times in 41 Posts
colin has made some interesting contributions
Re: Buying gold in Zurich

Why don't you check with customs?
Is this forum the right place to be asking these questions?
Quote:
View Post
well. . now we know where we can buy GOLD.

I want to know whether we can take the purchased GOLD to other countries (home country) in check-in baggage/cabin baggage?

If allowed, is there any limitation on the amount of GOLD we can take with us?

Did anyone do that?

Regards
Prasad
Reply With Quote
This user would like to thank colin for this useful post:
  #18  
Old 13.04.2008, 08:52
jbrady's Avatar
RIP
 
Join Date: Apr 2007
Location: Sunny Aargau
Posts: 1,045
Groaned at 14 Times in 9 Posts
Thanked 719 Times in 359 Posts
jbrady has a reputation beyond reputejbrady has a reputation beyond reputejbrady has a reputation beyond reputejbrady has a reputation beyond repute
Re: Buying gold in Zurich

As a little aside.
My brother in law moved with his wife to the Philippines a few years ago. He packed all his expensive furniture and other effects into a large container and at the last moment he bought a bar of gold which he hid deep inside his sofa. He thought this would be a good way to beat inflation and save on exchange fees.
He managed to find a really cheap shipping company on the internet.

Two months later, in his new house in Dagupan, he received a call from the shipping company that said his container had arrived by ship and would be delivered to his house the next day.
He paid 4 people to help unload the container and help set up the house with his lifelong collection of furniture.

His new wife was really happy - the house would soon be the talk of the village - her husband had really gone to town on his furnishings.

However, once he opened the door of the container, all that he found inside were a box of clothes and 2 wooden chairs in one corner of the container. Everything else, including his bar of gold had been whisked away somewhere on route.

Luckily he had had the foresight to get some insurance - however, they would not cough up for the bar of Gold.
I always wondered how much a whole Gold bar would cost - I never had the heart to ask my brother in law.
Reply With Quote
This user would like to thank jbrady for this useful post:
  #19  
Old 13.04.2008, 08:55
Lob's Avatar
Lob Lob is offline
Forum Legend
 
Join Date: Nov 2005
Location: -
Posts: 7,814
Groaned at 45 Times in 40 Posts
Thanked 1,973 Times in 1,060 Posts
Lob has a reputation beyond reputeLob has a reputation beyond reputeLob has a reputation beyond reputeLob has a reputation beyond reputeLob has a reputation beyond repute
Re: Buying gold in Zurich

for the question about how much gold you can take out of the country, the issue is how much you can carry in your hand baggage and how much you can take into the destination country.

If you can afford so much gold that you can no longer carry it then you're quite a rich person
Reply With Quote
This user would like to thank Lob for this useful post:
  #20  
Old 13.04.2008, 09:57
prasad_zurich's Avatar
Newbie 1st class
 
Join Date: Feb 2008
Location: Zurich
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
prasad_zurich has slipped a little
Re: Buying gold in Zurich

Quote:
View Post
Why don't you check with customs?
Is this forum the right place to be asking these questions?
Thats great!!. Thanks for the information. I will definitely do that.
Reply With Quote
Reply

Tags
gold




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Job Openings at A.S. Watson International Buying Europe - Zurich odyssy Employment 1 31.08.2012 19:51
Buying Artwork in Zurich? rxb Other/general 23 25.06.2010 18:09
Buying furniture in Zurich Rich Other/general 5 02.06.2009 14:21
buying a laptop - new to zurich yanmelb Other/general 24 14.06.2006 13:41


All times are GMT +2. The time now is 12:33.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0