Swiss francs and a dollar benchmark
A CHF reference combines the USD metal quote with a daily currency conversion. It is not a Swiss dealer’s bid or ask, and a quotation from a seller in USD cannot be compared directly with one in CHF. If currency conversion is part of the transaction, include the actual conversion cost with the delivery and transaction fees rather than assuming the daily reference is the exchange rate you will receive.
Kilograms, ounces and fine metal
A one-kilogram bar has 1,000 gross grams. Fine content depends on its stated purity: at 995 fineness the reference uses 995 fine grams. LBMA’s conversion material distinguishes weight from purity, which is useful when comparing bars with different specifications. One kilogram is about 32.1507466 troy ounces; use the exact 31.1034768-gram factor in the converter instead of rounding that ounce count before valuation.
Worked currency conversion
This example assumes gold at USD 3,100 per troy ounce and a conversion of 1 USD = 0.85 CHF. These are illustrative inputs, not current prices or exchange rates. The fine-gram result is 3,100 × 0.85 / 31.1034768 = 84.7172 CHF. Multiply by fine grams to value a holding; add actual fees to compare a purchase.
Before comparing an offer
- Confirm the currency code and whether the quote is per gram, troy ounce or kilogram.
- Establish whether quantity describes gross weight or fine-metal content.
- Request the dealer’s buy and sell quotes separately, including delivery and total fees.
- Match timestamps; daily FX conversions and a live USD chart can describe different observations.
Compare actual dealer quotes · Test a metal and currency scenario · Value several holdings together