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Gold

  • Gold bars are an alternative type of investment for accruing assets.
  • Generally gold bars serve for two purposes:
    • As a long-term investment
    • As a valuable gift at significant anniversaries.
  • In Citadele Bank gold bars with the following denominations are available: 5, 10, 20, 50,100 and 250 grams. Gold bars weighing 500 grams and 1 kilogram can be purchased upon prior order.
  • Price per 1 gram is determined upon purchase.

A long-term investment

  • Investing your assets or a part of them into gold bars, you may diversify investment risks.
  • Gold is an investment with a high liquidity. It is purchased and sold across the globe.

A valuable gift at anniversaries

  • Gold bars, which are available in Bank Citadele, have the highest hallmark– 999.99.
  • 1 gram of the gold with the hallmark 999.99 corresponds to 1.7 grams of jeweller gold (gold with the hallmark 585).
  • Limited resources of gold exist in the entire world. Recipient of a gold bar can make his or her own gold reserves.
  • Gold is unique precious metal with a certain material value which will also be valued by the next generations.

Where to keep gold?

After buying gold you can:

  • keep it in your private safe;
  • keep it in your individual safe at the bank (50% discount for safe rent for 1 month or 1 year);
  • use the bank’s service – transfer gold for holding it in a common safe of the bank. In this case you can withdraw or sell gold back to the bank at any time.

For detailed information about options of acquiring gold and related services please contact your Private banker or brokers of financial markets: +371 6 701 0100.

 


Please be informed, that historical performance of gold does not guarantee similar performance in the future. Investment value can increase or decrease and the Bank does not guarantee that the value of the initially invested funds will be maintained in the future.

Information provided hereby is of general nature only and it is not adapted to the knowledge, experience, financial condition, individual purposes and requirements of the recipient of this material. This material is not a recommendation or consultation on investments. This material is solely of an informational nature. Bank Citadele does not assume responsibility for any damages that may incur due to using of this information.