Gold has been used for centuries for ritual objects and jewellery as well as a means of payment. It is among the first metals processed by humans. It does not corrode and never loses its luster.
In 1972, the first European gold artefacts were found in Varna, Bulgaria, and were dated, to 4500 BC. In Central Europe, the production and use of gold objects go back to the second millennium BC.
Gold is an investment and gold (coins and gold bullion) serves as an international means of payment, in addition to being stored by the world central banks as reserve currency.
Gold has no default risk as other types of investments in paper money where the interest rate is guided by set default risk of market participants.
To ensure the quality of traded gold, SOTH intermediates exclusively gold that meets Good Delivery Status of London Bullion Market Association (content of precious metal 999.9 / 1,000).
Ingot quality meets the highest standards. Originality and value are confirmed by reference to weight, purity, insignia of verifier and smelter on ingot and packaging.
The purity of gold is expressed in carats and at SOTH it is 24 carats (pure gold). SOTH intermediates only pure gold 999.9 / 1,000 in all common ingot sizes.
SOTH offers the following sizes of ingots and bullions:
