The early 2021 peak was due to the #silversqueeze movement, a global community of investors working to increase the silver price.
As an investment, silver is considered a safe haven in times of crisis, but its industrial demand also makes it an interesting asset during periods of economic recovery.
As a key element in electronics, solar energy, batteries, or electric vehicles, silver demand is expected to grow further in the coming years.
Finding a good reseller to buy and store your physical silver bars can be difficult and costly: high insurance costs, security risks, complex storage fees, and commissions on resale.
At GOLD AVENUE we believe storage should be simple, transparent, and free:
FREE storage
Insurance included
Instant resale with 0% commission
Swiss AAA secure vaults outside of the banking system
When buying and storing Silver in Switzerland you will pay 7,7% VAT. However, other European countries can charge much higher rates: 20% VAT in France and the UK, 19% in Germany, or 22% in Italy.
With GOLD AVENUE’s secure storage solution, you can choose to:
Buy our dedicated VAT-FREE products
Pay 0% VAT
To remain VAT-FREE, these products are stored in a Swiss Freeport and reserved for storage only.
A Swiss Freeport is an economic zone where VAT does not apply.
This product is VAT free
Only available for storage in a secure Swiss freeport.
Resell your stored products instantly with 0% commission.
Product in limited quantities
- CNBC.com
Dedicated customer service in Geneva, Switzerland
GOLD AVENUE is a Swiss-regulated company, part of the MKS PAMP GROUP. With offices across 12 countries, the MKS PAMP GROUP is the world leader in precious metals and the most accredited group in the industry.
It comprises two leading LBMA precious metals refineries (PAMP & MMTC-PAMP), a trading company (MKS), a bullion distributor (MTB), and an online precious metals retailer (GOLD AVENUE).