Pamp Refinery Switzerland

PAMP Suisse Refinery

What is PAMP Suisse?

 

PAMP Suisse Mint is a Swiss-based integrated precious metals refiner and bullion group that owns and runs the world’s largest precious metal refineries and manufactures bullion products that are appreciated in precious metal bar markets. PAMP Refinery Switzerland is a subsidiary of MKS Switzerland and was founded in 1977 in Switzerland, Ticino.

 

The BullionStar features the Swiss gold market prices and PAMP Suisse is a major player in the Swiss gold market and is known for the gold bars in Switzerland. PAMP Suisse is known for producing the highest quality 24k gold bars and silver bars. PAMP Switzerland is the first refinery to use artistic designs on its minted gold bars.

 

PAMP Suisse and MKS Histories

 

Produits Artistiques Métaux Précieux (PAMP) was founded in 1977 within the Swiss Canton of Ticino as a registered company. The refinery is situated within Castel San Pietro, near the Italian border in the southern part of Ticino. It is also within two other major gold refineries within Switzerland, Valcambi, and Argor-Heraeus.

 

The three refineries were built to the south of Ticino to support customers in the Italian gold jewelry business, it was the world’s biggest market for gold jewelry. PAMP Suisse Switzerland was initially an in-house gold bar maker on a small scale.

MKS was established by the city of Geneva in 1979. It was then known as MKS (Switzerland) SA. MKS was established through Mahmoud Kassem Shakarchi. This is the reason for the name. In the 1960s, and into the early 1970s, Shakarchi became a popular gold dealer from Beirut and, in 1976, he relocated to Switzerland. MKS began to sell PAMP’s gold bars to the Middle East after forming a partnership with the PAMP Suisse refinery. MKS acquired a significant part of PAMP Suisse in the year 1981.

 

MKS established its first overseas office in Sydney, Australia, in 1998. MKS has opened new offices in the major gold markets, including Istanbul, Dubai, Bangkok, Singapore, and Hong Kong. MKS acquired Manfra, Tordella & Brookes (MTB) in New York in 2001.

 

PAMP and MMTC established their jointly-owned refinery facility in India in the year 2008. Metals and Minerals Trading Corporation of India which is also referred to as MMTC is India’s largest public-sector corporation and also an official Government of India Undertaking. MMTC is the largest Indian commodities importer (excluding oil) as well as the largest gold bars importer and a major supplier of gold to jewellers, bullion dealers, and gold exporters.

 

MKS PAMP’s Organizational Structure

 

MKS PAMP Group BV, the parent company of the group is based in Amsterdam, the Netherlands. The CFO of the group is located in Amsterdam which provides strategic business development, business development, financial and other functions. MKS PAMP portfolio includes the following investments:

 

  • Manfra, Tordella & Brookes (MTB) in New York
  • PAMP SA in Ticino
  • the MMTC-PAMP refinery joint venture in Delhi, India
  • MKS is headquartered in Geneva

 

The PAMP Suisse Refinery

 

In Switzerland, PAMP’s refinery can be situated at Castel San Pietro, in the Canton of Ticino. The refinery has a capacity for refining gold of over 450 tonnes and refining silver of over 600 tonnes annually. PAMP Suisse refines platinum as well as palladium with an overall potential of 30 tonnes annually for the Platinum group of metals.

The refinery can remove precious metals from any metal-bearing material like mining waste or waste from recycling and polish and convert the existing bars of investment into more compact bars, for example, successful distribution bars like PAMP Suisse Lady Fortuna. Customers may also utilize PAMP’s assaying services.

Coins that are minted and invested in bar and bullion coins. Coin blanks, commemorative coins, alloys made of rods and wires to use in the jewelry industry, silver grain, gold and palladium, and platinum sponge are, among other things, among the refinery’s products.

 

PAMP Suisse is one of five refineries worldwide chosen to join the London Bullion Market Association’s Good Delivery Referee Council. By assessing refining applicants, providing technical advice, and analyzing metal samples of other refineries, delegates ensure that the London Bullion Market Association’s Goods Delivery System is running smoothly.

 

Fine distribution bars from PAMP Suisse are recognized as a settlement on the world’s most prominent spot and futures markets for gold, including Tom within Japan, COMEX in the United States, DMCC in Dubai, and the Shanghai Gold Exchange in China. MKS is among the six participants in reference prices for Shanghai Gold Fix. Shanghai Gold Fix, recently made available.

 

PAMP Suisse, as well as MKS, are both members of The Swiss gold and precious metals organization “Association Suisse des Fabricants et Commerçants de Métaux Précieux – ASFCMP.”

 

What is PAMP Suisse gold?

PAMP Gold is the gold bullion produced by the PAMP Suisse Mint including: 

PAMP Suisse Gold Bars for Sale

PAMP produces a variety of bullion products.

Fifty grams, 100 gram, 250 gram, and 500 grams 1 kilo 1, 1 Tael, 10, Tolas, and 400 oz investment-grade cast PAMP gold bars are readily available.Cast silver bars are available in sizes in the range of 500 grams, one kilogram and 1000 pounds. Palladium and platinum large cast bars with a good distribution size of 6 kilograms are produced.

 

PAMP manufactures minted Pamp gold bars that weigh 5 grams, 10 grams, 20 grams, 50 grams, 100 grams, 250 grams, 500 grams, and 1 kilogram in addition to smaller bars that range between 0.3 grams up to 10 grams. 1 oz, 1/2 oz, 0.25 oz, 5 oz, 10 oz as well as 20-ounce bars along with 1-5 Tola bars are offered with multiples as well as fractions of troy ounces. PAMP Suisse Lady Fortuna, Roman goddess of Fortune is embossed on most gold-minted bars. Rosa (Rose) along with Liberty (Statue) Designs usually are offered in a variety of small ounce and gram sizes.

 

PAMP also makes a line of gold-minted “Lunar” bars, which are decorated with Chinese animal zodiac signs. Bars made of silver minted by PAMP come in identical shapes and sizes as the gold-minted bars and also palladium and platinum bars. are made in 1kg weights.

 

The PAMP Suisse gold bars are examined for quality, purity, and gold content, and weight. Gold bars from PAMP are authenticated by using the assay certificate that has the signature of the assayer and an identification number. The serial number has to match that which is engraved on the bar. Serial numbers are unique. Unique for each PAMP gold bar.

 

Overall, PAMP’s minted bars collection is huge. The entire selection is available on PAMP’s website. PAMP Refinery’s site and also on a specialized listing of PAMP gold bars like Gold Bars Worldwide.

 Table: PAMP Suisse Bullion Bars for Sale

Product

Weight

PAMP Suisse Gold Bars – Lady Fortuna

1 gram

 

2.5 gram

 

5 gram

 

10 gram

 

20 gram

 

50 gram

 

100 gram

 

1 oz

 

10 oz

PAMP Suisse Gold Bar

100 gram

PAMP Suisse Lady Fortuna Silver Bar

1 oz

 

Delhi’s MMTC – PAMP Suisse Refinery

 

PAMP established a joint venture in 2008 with MMTC to India the year 2008, to construct and operate a gold and silver refinery. MMTC-PAMP India Pvt. Ltd. is the official name for the joint-venture company. The corporate office of MMTC PAMP is located in the Qutab Institutional Area in New Delhi, but the refinery is located in the Mewat region located in Haryana state, to the south of New Delhi.

 

The refinery is under the supervision and technical oversight under the supervision and technical oversight of PAMP Switzerland. It extracts silver and gold ore from mining equipment imported as well as silver and gold jewelry scraps from domestic sources because of the processing expertise of PAMP. The MMTC PAMP plant has an annual capacity for refining gold of 100 tonnes as well as the capacity to refine silver is 600 tonnes annually.

 

MMTC-PAMP offers a variety of cast and minted gold bars that can reach 12.5kg (400oz) in weight. in a good range from PAMP Suisse gold bars. Gold bars that are cast can be purchased in 100g, 1 kilogram, and 12.5 kilograms. Meanwhile, cast silver bars are offered in weights of 1 kg or 30 kilograms.

 

The refineries that mint PAMP Gold bars from Suisse are available in various denominations, from 1 gram up to 100 grams. They are distinguished by their lotus bar design and the silver bars that are minted come in denominations that range from 5 grams up to a kilogram. Additionally, under the license of The Royal Mint, MMTC-PAMP creates an official sovereign gold coin in India. The mintmark of this Sovereign is an “I”.

 

The London Bullion Market Association (LBMA) has approved MMTC’s big PAMP’s silver and gold bars to be included in the Good Delivery Lists for silver and gold. The sole refinery for precious metals within the Indian gold industry is included on this list MMTC PAMP. PAMP. It’s also a Multi Commodity Exchange-accredited refiner (MCX).

 

PAMP Distribution

 

PAMP bullion is available through stores for precious metals investors and collectors. PAMP Suisse is an official wholesaler of its bullion range in the wholesale market as is MKS Suiss and the other MKS offices across the globe which include Singapore, Istanbul, Sydney, and Malaysia.

 

PAMP Affiliate Manfra, Tordella & Brookes (MTB) is the largest US Wholesaler in the US industry. A lot of stores offer PAMP bars, however, they are only a tiny part of the sales market. Everyone buys directly through PAMP, MKS, or MTB. BullionStar is a good example. It offers connections directly to MKS, PAMP, and MTB.

PAMP, MKS, and MTB are also official suppliers to the world’s biggest mints’ bullion coins.

 

Frequently Asked Questions(FAQs)

PAMP Suisse Mint is a renowned bullion refinery founded in 1977 in Switzerland. The mint distributes precious metal bullion products that set a benchmark for the precious metal industry.

PAMP Suisse is a gold bullion brand, and refinery trusted for its authenticity. They provide gold bullion products that are one of the safest investment options today.

A PAMP bar contains details of the gold bar engraved onto them. A PAMP Suisse gold bar details are metal content, purity, weight, serial number, and assay card to verify its authenticity.

Established in 1977, PAMP Suisse is based in Ticino, Switzerland.

The current spot price of gold determines the value of the Suisse gold bar. ‘Premium’ (extra cost of 1% to 4%) is added to the spot price of gold, and the value of Suisse gold bars is derived.

MKS Switzerland is a famous precious metal trader making PAMP Suisse gold bars.

Yes! Gold prices keep going uphill. PAMP Suisse gold bullion is trusted and easily traded in the market. Hence, they are a good investment.

PAMP Suisse gold bars are gold bullion products of PAMP Suisse, one of the world’s leading bullion refineries distributing bullion products worldwide.

PAMP Suisse gold bars are a safe investment option because of gold’s excellent return on investment and its high liquidity.

References and Links

1. MKS (Switzerland) https://www.mks.ch/?id=profile

2. Manfra, Tordella & Brookes (MTB)

3. MMTC – PAMP https://www.mmtcpamp.com/

4. PAMP SA, company registration, Canton of Ticino https://ti.chregister.ch/cr-portal/suche/suche.xhtml

5. MKS PAMP Group history

6. MKS (Switzerland) SA, company registration, Canton of Geneva https://www.ge.ch/consulter-registre-du-commerce

7. MMTC India, profile https://mmtclimited.com/pages/display/55-corporate-profile

8. PAMP Swiss gold refining https://www.pamp.com/refinery/goldrefinery

9. PAMP Swiss silver refining https://www.pamp.com/refinery/silverrefinery

10. PAMP refinery, platinum group metals capacity https://www.pamp.com/refinery

11. PAMP assaying service https://www.pamp.com/refinery/assaying

12. LBMA Good Delivery List explained https://www.lbma.org.uk/good-delivery/about-good-delivery

13. ASFCMP Members – Swiss Association of Precious Metals Manufacturers and Traders
14. PAMP cast bars https://www.pamp.com/castbars

15. PAMP minted ingots https://www.pamp.com/mintedingots

16. PAMP site map with bar ranges listed https://www.pamp.com/sitemap

17. PAMP gold bar range, Gold Bars Worldwide, 2013 https://www.goldbarsworldwide.com/PDF/RB_6_PAMPGoldBars.pdf

18. MMTC profile https://www.mmtcpamp.com/refinery/goldrefinery

19. MMTC-PAMP gold refining https://www.mmtcpamp.com/refinery/goldrefinery

20. MMTC-PAMP silver refining https://www.mmtcpamp.com/refinery/silverrefinery

21.  MMTC-PAMP cast bars https://www.mmtcpamp.com/castbars

22.  https://www.mmtcpamp.com/mintedingots

23. MMTC-PAMP Gold Sovereign https://www.mmtcpamp.com/thesovereign

24.  PAMP distributors https://www.pamp.com/wheretobuy

25. MKS Malaysia https://www.mks.ch/mobile/myr/v1/

26. PAMP official distributor for bullion coins from major mints https://www.pamp.com/services/bullioncoins

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Terms & Conditions

Trading in gold and other precious metals is risky because the market is volatile. Past performance is not indicative of future returns. This is why we encourage you to read Our Terms and Conditions carefully before making purchases, selling, or placing orders with BULLIONTRADING LLC. Refer to Safety Tips from the CFTC (Commodity Future Trading Commission). These terms and conditions apply to all orders, all purchases, and all sales made through our website, telephone, or other channels.

In the event you do not fully understand the terms of this agreement, BULLIONTRADING LLC strongly encourages you to consult with your own experts. BULLION TRADING enters into transactions with customers on the reliance and belief that clients are aware of, understand, and agree to these terms.

These terms and conditions are effective as of March 11, 2022, and are binding to all new and existing customers and users.

PURCHASES, SALES, AND ORDERS

The prices for gold, silver, platinum and palladium coins and bars keep on fluctuating because of the risk factors that cause price volatility. The risk factors include political development, war, pandemics, demand, and supply. It is important to keep this in mind when transacting with BULLIONTRADING LLC.

The Ordering Process

BULLIONTRADING LLC. Does Not speculate on the prices of precious metals. This means that we don’t make profits by buying gold when the prices are low and selling when prices go up. BULLIONTRADING LLC generates revenue through premium spreads. This is the difference between what Bullion Trading LLC pays & sells these items for.

Orders and inquiries can be made through our website, phone, or other suitable channels. Contact Us for information.

Inquiries

Inquiries are made by customers who are not ready to transact immediately. Customers can contact us or go online at Bulliontradingllc.com to get current market prices. The price quote and quantity available are subject to change. They can also contact us for guidance on buying and selling bullion coins and bars. You should note that the Price Quotations you receive when inquiring are Estimates because the prices of bullion coins and bars fluctuate daily, and the number of our stock changes all the time.

For example, The U.S Mint sets premium and minimum prices for American Eagles. Prices for American Eagles are determined by the current price of gold, silver, platinum, or palladium. The mint also charges a modest premium to cater to the cost of distribution and marketing. Consequently, the price of bullion coins and bars changes daily as the markets for gold, silver, platinum, and palladium fluctuates. Refer to the United States Mint’s Charges for Authorized Dealers.

ORDERS

Orders are made when customers are ready to transact immediately. The prices you get when ordering bullion coins and bars from us are an accurate reflection of the current market prices. Note that once you place an order, the prices are locked and are no longer subject to market conditions.

An order is placed when you finalized negotiations with our agents and an invoice is generated, not when the payment is made. Ordering and then bailing out or canceling after an invoice is generated makes BULLIONTRADING LLC incur losses. We incur losses because when you place an order, we consider the bullion coin or bar sold and will have hedged ourselves accordingly.

Disclaimer: To protect our company from losses, BULLIONTRADING LLC has implemented a Market Loss Policy.

Market Loss Policy Explained

An order starts when you finalize the deal with our agents, not when the payment is made. We generate an invoice immediately the deal is sealed either through our website or phone. We also count the bullion coin or bar as sold and will have hedged ourselves accordingly.

Customers who place orders, have invoices generated, and then cancel thereafter make us incur losses. To protect ourselves we have implemented a market loss policy. This means that you will incur penalties for ordering, having an invoice generated, and then bailing out. Once an order is placed, prices are locked and not subject to market conditions.

The moment you place an order an invoice is generated. If you cancel, and then gold prices decline you make us incur a loss. It is your responsibility to offset this loss if your order is canceled and your funds are returned. If this happens you will pay for the loss caused by a decline in the price of gold after a sale is made plus a cancellation fee of $35.00. This is our market loss policy.

To remain transparent and protect ourselves from risk we might require credit card information from every customer even if payment will be received through a different channel. We also will ask for immediate confirmation of the amount locked in. This gives us an avenue to compensate ourselves for losses in the event a customer places an order and then fails to pay.

However, if the price of bullion coins and bars stays the same, we usually don’t enforce our market loss policy because we don’t incur losses. If the price goes down we charge a market loss fee which is equal to the amount BULLIONTRADING LLC would have lost because of the unpaid order.

PAYMENTS

Bullion Trading LLC only accepts payments in the form of bank transfers, certified checks or personal checks. The method you use to pay us is determined by the number of bullion coins and bars you are willing to buy from us as follows:

  • Orders ranging from $1,000 to $5,500 should be paid via any option listed above and must be received within 2 business days from the time the order was made.
  • Orders ranging from $5,500.01 to $10,000 should be paid by bank wire, certified check, cashier’s check, money orders, or personal check, and must be received within 2 business days from the time the order was made.
  • Orders ranging from $10,000.01 to $25,000 should be paid by bank wire, certified check, and must be received within 2 business days from the time the order was placed.
  • Over $25,000.01 should be paid by bank wire and must be received within 1 business day from the time the order was placed.

If Using A Credit Card You Are Agreeing To The Following Terms:

  • I understand and agree that should I dispute the credit card charge through my credit card provider, I will have breached the contract as well as committed a credit card fraud.
  • I waive any charge-back rights. In the event of a dispute, and I request for a refund it must be made through the Bullion Trading LLC Arbitration Procedure described herein under Bullion Trading LLC.
  • Dispute resolution: I understand that all sales are final. There are NO EXCHANGES or REFUNDS.
  • I cannot receive a refund from Bullion Trading LLC, nor can I request the funds from my credit card company.
  • I also agree to waive any charge-back rights in the event of a dispute.

CONSENT

You agree that you have sufficient experience and knowledge to make informed decisions to purchase from and/or sell to BULLION TRADING LLC. You openly acknowledge that you are making all of your decisions in connection with purchases and/or sales. BULLION TRADING LLC is not making any decision on your behalf concerning purchases and sales.

You also openly acknowledge that you are subject to a variety of risks that are beyond the control of BULLION TRADING LLC. You openly acknowledge that BULLION TRADING LLC is not liable or responsible for the risks you incur while trading with us. Those risks include, without limitation, risks associated with the price volatility of bullion coins and bars. Market conditions or other disruptions such as technical problems may make it impossible for you to liquidate bullion coins and bars bought from us. You have the freedom to liquid the coins and bars at market prices acceptable to you.

RISKS

All investments involve risk – bullion coins and bars are no exception. The value of bullion coins (e.g., American Eagles or Maple Leafs) is affected by many economic factors. The current market price of bullion coins and bars is determined by perceived scarcity and other factors. Some of these factors include quality, current demand, and general market sentiment.

The price of bullion coins and bars keeps on fluctuating and this means that they are not a suitable investment for everyone. Since all investments, including bullion coins and bars, can decline in value, you should make an informed decision. It is a good idea to have adequate cash reserves and disposable income before investing in bullion coins and bars.

INDEMNIFICATION

You shall indemnify and absolve BULLION TRADING LLC and its affiliates, directors, officers, and shareholders collectively. You agree to compensate the indemnified parties for and against any costs, damages, expenses, liabilities, and obligations. They include without limitation to reasonable attorney fees that the Indemnified Parties may incur as a result of, or in connection with:

(a) Any breach of any representation or warranty made by you to BULLION TRADING LLC or,

(b) Failure to comply with these terms and conditions or the policies adopted by BULLION TRADING LLC.

LIMITATION OF LIABILITY

You acknowledge that you are subject to the limitations of liability contained in these terms and conditions, the disclaimer, and other policies adopted by BULLION TRADING LLC.

If you suffer indirect, punitive, or speculative damages BULLION TRADING LLC is not liable to you. Any transaction between us and you pursuant to these terms and conditions, and any liability of BULLION TRADING LLC to you shall be limited to:

(a) The amount, if any, that you paid in such transaction or,

(b) $100 compensation. We are not, in any event, liable for any indirect, punitive, or speculative damages.

PRIVACY POLICY

BULLION TRADING LLC has adopted a Privacy Policy that is included in these terms and conditions. Our privacy policy protects your identity and credit card information.

BULLION TRADING LLC privacy policies are found in the Disclaimer, Ordering Policy, and the protection of credit card information. These terms and conditions may be updated from time to time depending on the market forces and the legal landscape.

DEFAULT RIGHTS AND REMEDIES

Upon any failure by you to comply with your obligations to BULLION TRADING LLC, the company shall pursue the rights and the remedies available to us. Either by law, through equity, or otherwise. It includes without limitation rights and remedies under these terms and conditions.

Breaching our rights may make BULLION TRADING LLC turn your account over to a collection agency, or a lawyer for collection. BULLION TRADING LLC will not fail in exercising any rights or pursuing any remedies in the case we suffer losses or damages.

Note: Failure by you to comply with these terms and conditions, may make BULLION TRADING LLC charge the credit card on which you have provided. This includes without limitation any and all market losses incurred by BULLION TRADING LLC, including cancellation fees, for ordering and then canceling at the last minute. You openly authorize BULLION TRADING LLC to charge your credit card for all losses caused by you violating our ordering policy.

RELATIONSHIPS

BULLION TRADING LLC is an authorized dealer and a professional organization. We maintain a professional relationship with all our clients. We don’t enter into relationships such as agent-principal relationships, employee-employer relationships, franchisee-franchisor relationships, joint venture relationships, and partnership relationships with our clients.

ANNULMENT

You cannot forfeit these terms and conditions, your rights, or your obligations as they apply without the prior written consent from BULLION TRADING LLC. You may be granted permission to forfeit your rights or it may be withheld by BULLION TRADING LLC at its sole discretion. These terms and conditions shall be binding to all parties that trade with BULLION TRADING LLC.

COSTS AND EXPENSES FOR COLLECTION

If you violate these terms and conditions BULLION TRADING LLC will take action against you. It may include without limitation, turning your account over to a collection agency, or a lawyer for collection. You shall pay all of the costs and the expenses incurred by BULLION TRADING LLC, including without limitation to reasonable attorney’s fees.

DISPUTE RESOLUTION

BULLION TRADING LLC maintains professional relationships with clients. This is why we make sure that any grievances are resolved expeditiously. We agree that all disagreements and disputes with our clients should be resolved in accordance with the provisions below.

Because we value the relationship with our clients, we opt for arbitration or mediation as a channel for dispute resolution instead of going straight to state/federal courts. However, if arbitration or mediation fails, we may be forced to take legal action in state/federal courts in the State of New York.

GOVERNING LAW

These terms and conditions are governed by and interpreted in accordance with the laws of the State of New York. These terms and conditions do not take into consideration the possible violation of laws in other jurisdictions.

WAIVER OF JURY TRIAL: ARBITRATION

BOTH BULLION TRADING LLC AND YOU HEREBY WAIVE THEIR RIGHT TO TRIAL BY JURY IN CONNECTION WITH ANY DISAGREEMENT OR DISPUTE RESULTING FROM, OR IN CONNECTION WITH THESE TERMS AND CONDITIONS; OR THE TRANSACTIONS UNDER THESE TERMS AND CONDITIONS. Both BULLION TRADING LLC and you also waive any arbitration requirements to which they might be subject.

FORCE MAJEURE

If BULLION TRADING LLC cannot perform any obligation hereunder as a result of any event that is beyond its control, the company shall be excused and shall not be liable for any damages as a result of, or in connection with, such delays, or such failures.

FURTHER ASSURANCES

You shall sign and avail other documents, or take actions that assist BULLION TRADING LLC in enforcing the provisions of these terms and conditions.

NOTICES

Except as provided in these terms and conditions, all notices, and other communications to BULLION TRADING LLC shall be directed to it at 20 West 47th Street Lower Level #24, New York, NY 10036. All notices and other communications to you shall be sent by BULLION TRADING LLC, to the address that you provided to us at the time of your registration, or to the email address that you provided to us at the time of your registration.

RECORDING OF PHONE CONVERSATIONS

BULLION TRADING LLC may record phone conversations between you and company agents or representatives. You consent to the recording of such phone conversations.

ABSENCE OF WAIVERS

A decision or a failure by BULLION TRADING LLC to take action with respect to any non-compliance with these terms and conditions does not affect the ability of the company to enforce the terms and conditions with respect to other violations. Whether the violations are similar or dissimilar in nature.