For your business, precious metals such as gold, silver, platinum, palladium and rhodium are not only an essential raw material for production processes and products – they are also a major asset. At SAXONIA your assets are in good hands: precious metals recovered from refining as well as your precious metal purchases and the deposits in your precious metal account.
SAXONIA is accredited and listed on the London Bullion Market (LBMA) and the London Platinum & Palladium Market (LPPM) as a manufacturer and trading partner. This is an indication of the quality, reliability and stability of our company.
With direct access to international commercial banks and trading centres, the experienced professionals at SAXONIA implement both transfers and purchases and sales – reliably and at any time for the account and on behalf of our customers.
At SAXONIA we follow strict rules for the procurement and trading of precious metals. For example, certified sourcing from conflict-free sources is firmly anchored in our code of conduct. Our certifications provide you with absolute security in the trustworthy procurement of precious metals – and make us a reliable partner in your supply chain.
PRICE HEDGING & RISK MANAGEMENT
Procurement processes and price calculation need reliability. SAXONIA will be happy to assist you with models for hedging or swaps which are tailored to your needs and requirements: for both purchases and sales. For example, we offer you following options:
Spot trading
Buying and selling based on an agreed price – immediately and without risk
Fixing
Price stability and transparency based on transactions at the official daily exchange prices
Futures
100% fixed costs for future requirements: at a fixed date in the future
Swaps
Swap of precious metals: in the right form, at the right location
Precious metal account
At SAXONIA the precious metal balances of our customers are held in precious metal weight accounts. Precious metal deposits of our customers are unallocated accounts and confirmed by our weight accounts.
Your advantage: all the precious metals remain in your possession. We always guarantee availability of your precious metals at all times – no matter how you wish to use your deposit. Whether it’s a sale, giro transfer to a bank or other trading location, or physical delivery in bars, granules, sponge or plate. Or simply as one of our products.