Gold Market Report
Switzerland Gold Market Report
Independently researched coverage of the Switzerland gold market, last verified Aug 31, 2026. 24K gold is currently CHF 114.10 per gram.
See the live gold price page for Switzerland →Research coverage
4 of 4 research sections published for Switzerland.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in CHF.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | CHF 114.10 | CHF 3,549.00 | CHF 1,330.88 | CHF 114,103.01 |
| 22 karat (916.7) | CHF 104.61 | CHF 3,253.69 | CHF 1,220.14 | CHF 104,608.69 |
| 21 karat (875) | CHF 99.85 | CHF 3,105.69 | CHF 1,164.63 | CHF 99,850.12 |
| 18 karat (750) | CHF 85.59 | CHF 2,662.02 | CHF 998.26 | CHF 85,585.82 |
| 14 karat (583.3) | CHF 66.56 | CHF 2,070.34 | CHF 776.38 | CHF 66,562.94 |
| 10 karat (416.7) | CHF 47.55 | CHF 1,479.02 | CHF 554.63 | CHF 47,551.48 |
Trend
Last 3 months
Per gram · CHF
- Change
- +6.59%
- Low
- CHF 105.82
- High
- CHF 122.78
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Switzerland gold market
Switzerland's hallmarking law, dating to 1880, applies compulsory third-party assay only to watch cases — any gold, silver or platinum watch case sold in the country must carry an official mark such as the "Head of Helvetia" for 18K gold.
Read the full section on the live price page →Market notes
Switzerland exempts qualifying investment gold from VAT under Article 107 of the Swiss VAT Act: bars and wafers must be at least 995-fine, carry the hallmark of a certified assayer-smelter (or appear on the LBMA's Good Delivery List), and qualifying coins must meet similar purity and legal-tender conditions.
Read the full section on the live price page →Buying gold in Switzerland
Jewellery in Switzerland -- including gold wristwatches, which the law treats the same way -- is always subject to VAT, unlike qualifying investment bars and coins.
Read the full section on the live price page →Tax & duty notes
Switzerland's standard VAT rate of 8.1% applies in full to gold jewellery and other non-investment gold products. Qualifying investment gold -- 995-fine-or-better bars/wafers with a certified assayer-smelter hallmark, and equivalent coins -- is exempt from VAT under Article 107 of the VAT Act.
Read the full section on the live price page →Sources
What the Switzerland research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- SwissGoldSafe — Various taxes on gold in Switzerland
Supports: Article 107 VAT Act investment-gold exemption criteria, 8.1% standard VAT on jewellery, no capital gains tax for private individuals, and cantonal wealth tax on holdings
Checked Aug 31, 2026
- OrSuisse — Taxes applicable to gold in Switzerland
Supports: 8.1% VAT applying to jewellery and watch cases
Checked Aug 31, 2026
Related markets
More gold markets in Europe
Switzerland's immediate sub-region doesn't list enough markets on its own, so this also includes other Europe countries.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
- investment
Gold vs Silver as an Investment
Which precious metal is right for your portfolio?
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.