About the bank Investor Relations
Savings and Investments

Investment gold

Gold bullion purchase is the most traditional way of investing in gold for the purpose of savings. About 1000 tons of gold bars are sold in the world per year.
Gold is a unique asset class, as studies have shown - allocations to gold of 2 per cent to 10 per cent can protect and enhance the performance of an investment portfolio.

Switzerland is the largest importer and exporter of gold due to 4 largest refineries that are located in the country (Argor-Heraeus, Metalor, Pamp and Valcambi). Two-thirds of the world’s gold goes through Swiss companies and, in an average year, they refine over 2.700 tones

Rietumu offers a possibility to its customers to buy an investment gold in bars directly from the Swiss Metalor Technologies International SA refinery. Metalor implements high quality standards since1936.

You can purchase investment gold of 999.9 purity in LMBA (London Bullion Market Association) standard bars and store the gold in the bank vault or in individual safe deposit boxes. Moreover, you can store gold outside the bank. Each bullion adheres to the industry standards. Purchasing physical gold you may choose preferred weight of a gold bar - 5, 10, 20, 50, 100, 250, 500g, 1 ounce or standard 1 kg gold bar. Fees on purchase of smaller denomination of gold may differ from standard.

Gold bars in Bank’s cash department:

Rietumu offers to their clients a possibility to buy investment gold in cash department of Bank’s central office – Rietumu Capital Centre.

999,9 carats fine gold bars weighing 1oz (31.1035 grams) and 100 grams are available

Terms and conditions:

  • current account in Rietumu is required
  • clearing settlement
  • minimum amount of deal – 1 bar

Individual order of gold bars 1,2:

Rietumu also offers a possibility to order investment gold in bars individually, choosing a weight nominal.

Minimum volume of the deal10 kg
Purchase and delivery of gold bars to the Bank’s vault1.5 % of deal amount, min 10000 USD5
Sale of gold bar22.0 % of deal amount, min 10000 USD5
Investment gold storage fee30.75 % per annum

  1. Physical investment gold is not a financial instrument
  2. To purchase physical gold you have to submit written order using your personal cabinet of the internet-banking system. You can also arrange a suitable time for gold delivery as well precise other terms regarding delivery.
  3. Price is bid only when the bank gets confirmation of the authenticity of gold from the counterpart
  4. Is charged monthly in euro currency (calculated by act/360 day count), VAT is included
  5. Buy and Sell from an investment account

Precious metals
Contact us

Rietumu Asset Management provides its clients with an opportunity of forming an Individual Investment Portfolio.

The Individual Investment Portfolio is a flexible investment product compiled specifically for the client, with account of his goals, requirements, expectations and restrictions.

24h Customer Service
+371 67025555 Rietumu.Info
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