Precious Metals

Sberbank buys and sells gold, silver, platinum and palladium bullion.

Investment in precious metals is a reliable way to preserve your savings. Gold, silver, platinum and palladium have high liquidity, and your investment can bring extra income, if international prices for precious metals increase.

As one of the largest participants of the Russian market in precious metals, Sberbank of Russia offers its clients the full range of services concerning the purchase and sale of precious metal bullion.

The bank sells standard and minted bars of precious metals.

Minted bars can be purchased in the following weight range:

  • Gold: from 1 up to 1,000 grams
  • Silver: from 50 up to 1,000 grams
  • Platinum and palladium: from 5 up to 100 grams

If you are searching for a valuable and contemporary gift, we suggest that you consider bullion packaged in high quality packaging. You can learn more about the selling price for bullion on our website.
In order to keep precious metal bullion safe, Sberbank of Russia offers its clients safe custody services for bullion in the bank deposit vault or in a safe deposit box leased at a bank.

Bank Services

The gold reserve is the centralised reserve fund of gold in bullion and coins. It is used as a reserve in international settlements and ensures, along with other means, the stability of the state.

The client's personal gold reserve, i.e. precious metals kept by Sberbank in safe custody, is a secure investment under reliable protection.

Advantages of precious metal custody at Sberbank of Russia:

  • Safe keeping in special custody vaults
  • Safekeeping of bars with preservation of their unique characteristics: metal type and mass, fineness, manufacturer, serial number
  • Short terms of placing a metal for storage and its issue to the owner in case of necessity
  • Professional approach to the client's property

We recommend safekeeping of bullion for those who are careful with their finances and who look to the long term.

Sberbank of Russia provides for the safekeeping of precious metals (gold, silver, platinum, palladium) in standard and minted bars accompanied by manufacturer's certificates.

Conditions of Rendering Services to Individuals

To make a custodial services contract, the client shall provide his or her identification document, the bullion and the bullion certificates.

In the presence of the client, the Bank officer shall weigh the bullion to be placed for safekeeping and check the metal quality using nondestructive testing methods.

We recommend that you make a custodial services contract and entrust the bullion for safekeeping immediately after its purchase or withdrawal from the depersonalised metal account at Sberbank of Russia.

The client shall present the custodial services contract and identification document promptly to withdraw their bullion from safekeeping. If necessary, the metal withdrawn from safekeeping may be sold to the Bank.

A custodial services fee shall be paid in a lump sum for the entire period of storage.

The service may be paid in any form acceptable to the client:

  • In cash
  • By debiting funds from the deposit account or account opened with the same branch of Sberbank