Description
Credit Suisse is one of the world’s leading refiners of precious metals. The refinery focuses not on the production of coins and rounds, but rather sticks strictly to the refinement of gold, silver, platinum, and palladium bars in minted ingot form, with the additional production of cast bars, as well.
Platinum is a metal that has had an up-and-down production history in recent years around the globe. The metal was in high demand until the late 1990s as prices sank, mints and refineries exited the market. However, rising platinum prices in the early 21st century brought more producers back into the marketplace, with new coins and bars appearing for investors to snatch up.
The rising demand for platinum has more to do with its wider use. While gold and silver remain exclusively used in industries such as jewelry and small technology products, platinum is used catalytic converters for automobile engines, dental equipment, lab equipment, electrical contacts and even electrodes.
Credit Suisse is a multinational financial service and holding firm headquartered in Zurich, Switzerland. It was founded in 1856 to help finance the construction of the national railway system in Switzerland.
