Saturday, 8 February 2025, 10:41 PM
Gold Unit | Swiss Franc | U.S. Dollar |
---|---|---|
Gold Ounce | 2,602.57 | 2,860.38 |
Gold Gram Karat 24k | 83.68 | 91.97 |
Gold Gram Karat 22k | 76.65 | 84.25 |
Gold Gram Karat 21k | 73.22 | 80.48 |
Gold Gram Karat 18k | 62.76 | 68.98 |
Gold Gram Karat 14k | 48.96 | 53.80 |
Gold Gram Karat 12k | 41.84 | 45.99 |
Gold Gram Karat 10k | 34.90 | 38.35 |
Gold Gram Karat 9k | 31.38 | 34.49 |
Gold Gram Karat 8k | 27.87 | 30.63 |
In Switzerland, gold is highly valued not only for its beauty but also for its quality. The most commonly used gold karats are 18K, 14K, and 9K, with 18K being the most prevalent.
18K gold, which contains 75% pure gold and 25% alloy, is favored for its rich color and durability. It strikes a balance between purity and practicality, making it ideal for fine jewelry.
Next in popularity is 14K gold, comprising 58.3% pure gold and 41.7% alloy. This karat is often chosen for its greater durability compared to higher karats, which makes it suitable for daily wear and a popular choice for engagement rings.
Finally, 9K gold, containing 37.5% pure gold, is used less frequently but is appreciated for its affordable pricing. It is often chosen for more casual jewelry items and can be found in some collections.
Overall, while 18K remains the king of gold consumption in Switzerland, 14K and 9K offer alternatives that cater to different preferences and price points.
The price of gold in Switzerland is influenced by various factors, reflecting both local and global market dynamics. One of the primary determinants is the London Bullion Market Association (LBMA) gold price, which is widely recognized as the benchmark for gold pricing. This price is established through a process of fixing that occurs twice daily, taking into account the supply and demand dynamics from participating banks and traders.
Another significant aspect is the currency exchange rates, particularly the value of the Swiss Franc (CHF) against other currencies. Since gold is internationally traded in US dollars, fluctuations in the exchange rate can directly impact the local price of gold in Switzerland. Moreover, geopolitical stability and economic indicators, such as inflation rates and interest rates, play critical roles in shaping investor sentiment towards gold as a safe-haven asset.
Switzerland's position as a global hub for gold refining and trading also contributes to its pricing dynamics. The high level of demand from various sectors, including jewelry and investment, alongside the country's efficient banking and trading infrastructure, makes it a key player in the global gold market.
As of late 2023, gold prices in Switzerland are closely watched by investors and analysts, given the country's reputation as a safe haven for wealth. Predictions indicate that gold prices may experience volatility due to a combination of global economic uncertainties, inflation concerns, and geopolitical tensions. Analysts suggest that if inflation persists, gold may become increasingly attractive as a hedge against currency devaluation.
Furthermore, central bank policies play a significant role in shaping the gold market. With several central banks, including the Swiss National Bank, maintaining relatively low-interest rates, demand for gold could rise. Experts believe that if the U.S. dollar weakens or if there are further disruptions in the global supply chain, gold could see an uptick. Projections for the coming months suggest that gold prices may fluctuate between CHF 1,800 and CHF 2,200 per ounce.
In conclusion, while the outlook for gold prices in Switzerland remains cautious, the interplay of local and global factors will ultimately dictate market trends. Investors are advised to stay informed and consider diversifying their portfolios in response to these dynamic conditions.
Date | Gold Ounce | Gold Gram Karat 24 | Gold Gram Karat 22 | Gold Gram Karat 21 | Gold Gram Karat 18 | Gold Gram Karat 14 |
---|---|---|---|---|---|---|
7 February 2025 | 2,597.81 | 83.53 | 76.56 | 73.07 | 62.63 | 48.74 |
6 February 2025 | 2,589.51 | 83.26 | 76.32 | 72.84 | 62.43 | 48.58 |
5 February 2025 | 2,584.33 | 83.10 | 76.17 | 72.70 | 62.30 | 48.49 |
4 February 2025 | 2,569.67 | 82.63 | 75.73 | 72.28 | 61.95 | 48.21 |
3 February 2025 | 2,547.98 | 81.93 | 75.10 | 71.67 | 61.43 | 47.80 |
2 February 2025 | 2,551.45 | 82.04 | 75.20 | 71.77 | 61.51 | 47.87 |
1 February 2025 | 2,551.45 | 82.04 | 75.20 | 71.77 | 61.51 | 47.87 |
31 January 2025 | 2,543.87 | 81.80 | 74.97 | 71.56 | 61.33 | 47.73 |
30 January 2025 | 2,503.34 | 80.49 | 73.78 | 70.42 | 60.35 | 46.97 |
29 January 2025 | 2,495.73 | 80.25 | 73.56 | 70.20 | 60.17 | 46.82 |
28 January 2025 | 2,484.22 | 79.88 | 73.22 | 69.88 | 59.89 | 46.61 |
27 January 2025 | 2,500.41 | 80.40 | 73.69 | 70.33 | 60.28 | 46.91 |
26 January 2025 | 2,509.90 | 80.70 | 73.97 | 70.60 | 60.51 | 47.09 |
25 January 2025 | 2,510.69 | 80.73 | 74.00 | 70.62 | 60.53 | 47.10 |
24 January 2025 | 2,511.39 | 80.75 | 74.02 | 70.64 | 60.54 | 47.12 |
23 January 2025 | 2,494.67 | 80.21 | 73.52 | 70.17 | 60.14 | 46.80 |
22 January 2025 | 2,494.39 | 80.21 | 73.52 | 70.17 | 60.13 | 46.80 |
21 January 2025 | 2,475.16 | 79.59 | 72.95 | 69.62 | 59.67 | 46.44 |
20 January 2025 | 2,470.01 | 79.42 | 72.80 | 69.48 | 59.55 | 46.34 |
19 January 2025 | 2,472.38 | 79.50 | 72.87 | 69.55 | 59.60 | 46.39 |
18 January 2025 | 2,472.26 | 79.49 | 72.86 | 69.54 | 59.60 | 46.38 |
17 January 2025 | 2,473.74 | 79.54 | 72.91 | 69.58 | 59.64 | 46.41 |
16 January 2025 | 2,460.33 | 79.11 | 72.51 | 69.21 | 59.31 | 46.16 |
15 January 2025 | 2,440.65 | 78.48 | 71.93 | 68.65 | 58.84 | 45.79 |
14 January 2025 | 2,448.47 | 78.73 | 72.16 | 68.87 | 59.03 | 45.94 |
13 January 2025 | 2,464.43 | 79.24 | 72.63 | 69.32 | 59.41 | 46.24 |
12 January 2025 | 2,463.58 | 79.21 | 72.61 | 69.30 | 59.39 | 46.22 |
11 January 2025 | 2,463.58 | 79.21 | 72.61 | 69.30 | 59.39 | 46.22 |
10 January 2025 | 2,438.98 | 78.42 | 71.88 | 68.61 | 58.80 | 45.76 |
9 January 2025 | 2,422.55 | 77.90 | 71.40 | 68.14 | 58.40 | 45.45 |
In Switzerland, the gold making charges, often referred to as manufacturing or fabrication costs, can vary depending on the type of jewelry or item being produced. Generally, these charges are calculated as a percentage of the gram price of gold and can range from approximately 5% to 15%. This percentage accounts for the craftsmanship, labor, and other expenses involved in creating gold items.
In terms of absolute value, if the spot price of gold is around 60 CHF per gram, the making charges might add an additional 3 to 9 CHF per gram, representing the total manufacturing cost. Therefore, consumers should expect to pay between 63 CHF to 69 CHF per gram of gold jewelry when accounting for these charges.
It's important for buyers to be aware of these charges, as they can significantly impact the total cost of purchasing gold items. Additionally, the charges may vary among retailers, depending on the complexity of the design and the quality of craftsmanship involved. Thus, consumers are encouraged to shop around and compare these costs before making a purchase.