Gold Price Today in Switzerland
Today's Gold Prices in Switzerland - All Karats Live
The following are raw gram prices for the gold price in Switzerland (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 114.39 CHF | 115.53 CHF | ▲ 0.05 (+0.04%) |
| 22k | 104.85 CHF | 105.89 CHF | ▲ 0.04 (+0.04%) |
| 18k | 85.79 CHF | 86.64 CHF | ▲ 0.03 (+0.04%) |
| 14k | 66.72 CHF | 67.39 CHF | ▲ 0.03 (+0.04%) |
| Ounce | 3,557.93 CHF | 3,593.39 CHF | ▲ 1.44 (+0.04%) |
Last updated: 03:55 - 12 September 2026
Gold Performance in Switzerland Over Last Year
Gap Between Gold Price in Switzerland and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 115.53 CHF | 113.82 CHF | +1.71 CHF |
| 22k | 105.89 CHF | 104.33 CHF | +1.56 CHF |
| 18k | 86.64 CHF | 85.36 CHF | +1.28 CHF |
| 14k | 67.39 CHF | 66.39 CHF | +1.00 CHF |
Popular Bullion Bars in Switzerland
| Bar | Weight (g) | Price |
|---|---|---|
| PAMP 1g | 1 | 117.84 CHF |
| PAMP 5g | 5 | 586.31 CHF |
| PAMP 10g | 10 | 1,169.16 CHF |
| PAMP 50g | 50 | 5,834.27 CHF |
Gold Performance in Switzerland - Long Term
Gold Price Performance in Switzerland (% Annual Change)
| Year | Annual Change |
|---|---|
| 2026 | -3.9% |
| 2025 | +48.2% |
| 2024 | +31.8% |
| 2023 | +4.3% |
| 2022 | +3.0% |
| 2021 | -2.0% |
| 2020 | +13.8% |
| 2019 | +18.6% |
| 2018 | +0.3% |
| 2017 | +6.0% |
| 2016 | — |
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
Switzerland is home to the world's largest gold refineries, including PAMP, Valcambi, and Argor-Heraeus, giving it a central role in the global gold supply chain far beyond what its own domestic consumption would suggest.
The country carries a deeply rooted culture of secure bank storage for the metal, backed by a long-standing reputation for political and economic stability that has made Swiss vaults a preferred destination for major investors worldwide.
Investment gold is VAT-exempt in Switzerland, a perk that fits neatly with the country's role as a global financial hub attracting capital seeking safety away from tax friction.
Karat preference in the Swiss market splits between 18k for fine jewelry and 24k for bars and investment coins, reflecting cultural closeness to neighboring Germany and France.
Frequently Asked Questions
Why is Switzerland such a major hub for the gold industry?
It hosts the world's largest gold refineries, alongside a deeply rooted culture of secure bank storage.
Is gold tax-exempt in Switzerland?
Yes, high-purity investment gold is exempt from VAT in Switzerland.
What's the most common karat in Switzerland?
Demand splits between 18k for fine jewelry and 24k for bars and investment coins.