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Quickly calculate your net commission on any precious metals transaction.
Commission rates on precious metals transactions in Switzerland vary by distribution channel. Banks typically charge between 0.5% and 2% on LBMA bar purchases/sales. Independent counters and jewellers charge higher commissions (3% to 8%), justified by hands-on service, expertise, and security costs.
For a broker or dealer, the net commission is the amount actually received after deducting operating charges: rent, insurance, security, AMLA compliance (Anti-Money Laundering Act), and banking fees. A gross rate of 5% can shrink to 1.5–2% net margin after deductions.
In Switzerland, any precious metals transaction exceeding CHF 15,000 (or suspicious transactions regardless of amount) requires client identification under the AMLA. Regulated online platforms such as Degussa, GoldAvenue, or Philoro display their commissions transparently, making it easier for investors to compare.
Swiss banks and major brokers typically charge a commission of 0.5% to 2% on LBMA gold bars (100g, 250g, 1kg). The larger the quantity, the lower the rate.
The Anti-Money Laundering Act (AMLA) requires formal identification for any transaction (including commissions) exceeding CHF 15,000. Dealers often build compliance costs into their net commissions.
Prices shown are indicative (LBMA mid-market). They do not constitute investment advice.