Valcambi
Number of products: 49
Valcambi is one of the largest and most recognisable precious-metals refineries in the world, based in Balerna in the Swiss canton of Ticino. The company has been operating since 1961 and holds LBMA Good Delivery accreditation — the highest industry standard for gold, silver, platinum and palladium. Valcambi bars are among the most frequently chosen bullion products in Europe.
The brand's hallmark is the CombiBar — a perforated bar that can be divided into smaller pieces of equal weight without losing its certification. At GoldInvest24 you will find Valcambi bars alongside current precious metals prices. See also our gold bars and silver bars.
Valcambi — a Swiss precious-metals refinery from Balerna
Valcambi is a Swiss refinery and precious-metals manufactory based in Balerna in the canton of Ticino, operating since 1961. The plant covers a site of more than three hectares and is one of the world's largest facilities dedicated exclusively to precious-metals refining. Valcambi processes gold, silver, platinum and palladium, and its bars carry LBMA Good Delivery accreditation.
History — from "Valori & Cambi" to a global refinery
The company was founded in 1961 in Balerna by five private Swiss entrepreneurs under the name Valori & Cambi (literally "exchange of valuables"). In 1967 the two parts of the name were merged into a single word — thus creating the brand Valcambi, now recognised worldwide.
Over the decades Valcambi changed hands several times while remaining among the leaders of global metal refining. For many years the company was linked with Credit Suisse, later its shareholders included Newmont and Mitsubishi Corporation. Since 2015 Valcambi has belonged to the Indian group Rajesh Exports (REL) — one of the largest jewellery groups in the world.
Despite the changes of ownership, production remains in Switzerland, and the "Valcambi Suisse" mark on the bars continues to stand for Swiss precision and the highest refining quality.
What Valcambi produces — gold, silver, platinum and palladium
Valcambi offers the full range of bullion products in all four precious metals. The portfolio includes classic minted bars (from 1 g to 1 kg and above), cast bars, coins produced on commission and the proprietary CombiBar series. The scale of production makes Valcambi a supplier both to private customers and to banks, funds and other bullion dealers.
Valcambi gold bars are minted in 999.9 fineness and silver bars in 999. Each bar carries an individual serial number, a marking of weight and fineness and — in the case of minted bars — a manufacturer's certificate integrated into the blister packaging.
CombiBar — Valcambi's flagship innovation
Valcambi's best-known product is the CombiBar — a bar divided by perforation lines into smaller segments of equal weight. The classic variant is the CombiBar 50 × 1 g gold: a credit-card-sized card that can be broken into individual one-gram bars without tools and without losing its LBMA certification.
Valcambi was granted the exclusive licence to produce the CombiBar in 2011. The product answers the need for divisibility — it allows metal to be sold in smaller portions while keeping the lower premium characteristic of a larger bar. The CombiBar is available in gold, silver and platinum, in various segment layouts.
Green Gold and the LBMA Good Delivery standard
Valcambi holds London Bullion Market Association (LBMA) accreditation to the Good Delivery standard — the same standard applied to bars accepted by central banks and ETF funds worldwide. This means confirmed fineness, weight and traceability of every bar, and its full liquidity with bullion dealers.
Under the Green Gold line, Valcambi offers gold sourced from sustainable, verified mining sources with a responsible supply-chain certificate. This responds to the growing interest in ESG criteria among metal buyers.
Valcambi formats and metals — specification and VAT
| Metal | Typical fineness | Forms | VAT in the EU |
|---|---|---|---|
| Gold (Au) | 999.9/1000 | minted and cast bars, CombiBar, Green Gold | VAT-exempt (Dir. 2006/112/EC art. 344) |
| Silver (Ag) | 999/1000 | bars, CombiBar | standard VAT rate |
| Platinum (Pt) | 999.5/1000 | bars, CombiBar | standard VAT rate |
| Palladium (Pd) | 999.5/1000 | bars | standard VAT rate |
Valcambi gold bullion of at least 995/1000 fineness is exempt from VAT within the European Union. Silver, platinum and palladium are subject to the standard VAT rate. Current quotations are available on the GoldInvest24 precious metals prices page.
Valcambi compared with other Swiss and German refineries
Valcambi belongs to the large European refineries with LBMA Good Delivery accreditation. The overview below shows the company's position compared with other recognised bullion manufacturers:
| Manufacturer | Country | Distinguishing feature | Accreditation |
|---|---|---|---|
| Valcambi | Switzerland (Balerna) | CombiBar, Green Gold, one of the largest refineries | LBMA Good Delivery |
| PAMP Suisse | Switzerland (Castel San Pietro) | Fortuna series, Veriscan | LBMA Good Delivery |
| Argor-Heraeus | Switzerland (Mendrisio) | Kinebar technology | LBMA Good Delivery |
| Heraeus | Germany (Hanau) | industrial metals group | LBMA Good Delivery |
| C.Hafner | Germany (Pforzheim) | over 175 years of tradition | LBMA Good Delivery |
Valcambi stands out above all through its scale of production, its proprietary CombiBar and its Green Gold line. Valcambi standard bars are among the products with one of the lowest premiums in the retail segment.
Where to buy Valcambi bars?
GoldInvest24 is a precious-metals dealer offering bullion products from recognised manufacturers, including Valcambi bars. Purchase is possible online with courier delivery or personal collection. The offer also includes:
- Gold bars — the full range of weights from LBMA-accredited manufacturers
- Silver bars — various formats and manufacturers
- Gold coins — classic bullion coins of the world
- Silver coins — including bullion series with a low premium
Why GoldInvest24
GoldInvest24 is a precious-metals dealer with many years of experience in the physical trade of gold and silver. We deliver Valcambi bars and products of other manufacturers in insured shipping and discreet packaging. See the full range of gold bars and the current precious metals prices.
Choose Valcambi bars at GoldInvest24 — compare metals, formats and premiums and order directly online. Insured courier delivery.
FAQ — Valcambi
What is Valcambi?
Valcambi is a Swiss refinery and precious-metals manufactory from Balerna (canton of Ticino), operating since 1961. It is one of the world's largest facilities for refining gold, silver, platinum and palladium and holds LBMA Good Delivery accreditation.
What is the Valcambi CombiBar?
The CombiBar is a bar divided by perforation lines into smaller segments of equal weight — for example 50 bars of 1 g gold in a single card. It can be broken into individual pieces without tools and without losing its LBMA certification. Valcambi was granted the exclusive licence for it in 2011.
What fineness do Valcambi bars have?
Valcambi gold bars are minted in 999.9 fineness and silver bars in 999. Platinum and palladium are usually 999.5. Each bar carries an individual serial number and a marking of weight and fineness, and minted bars are supplied with a manufacturer's certificate.
What is Valcambi Green Gold?
Green Gold is a Valcambi bar line made from gold sourced from sustainable, verified mining sources with a responsible supply-chain certificate. The product is aimed at buyers who pay attention to ESG criteria. The gold content and fineness are identical to the standard bar.
Are Valcambi bars VAT-exempt?
Valcambi gold bars of at least 995/1000 fineness are exempt from VAT within the European Union under Directive 2006/112/EC (art. 344). Silver, platinum and palladium are subject to the standard VAT rate.
Do Valcambi bars have a low premium?
Valcambi standard bars are among the products with one of the lowest premiums in the retail segment, comparable to other Swiss refineries. The CombiBar carries a slightly higher premium for its divisibility, and the Green Gold line for its certified material origin.
How can I buy Valcambi bars at GoldInvest24?
You can order Valcambi bars at GoldInvest24 online, with insured courier delivery or personal collection. The price depends on the current metal rate and the chosen weight — you will find current quotations on the precious metals prices page and available items with each product in the shop.