The Bullion Dealer ComparatorThe Bullion Dealer ComparatorThe Corruption Perceptions Index (CPI) has been published since 1996 and is widely recognized as the most reliable indicator to measure corruption
The countries’ index is on a scale from 100 (very clean) to 0 (highly corrupt). Switzerland and Singapore are perceived as the most non-corrupt countries.
Source of our data: wikipedia
The political stability index is widely used to measure whether the government of a country can be destabilized by unconstitutional means such as an armed conflict, social unrests, terrorism, violent demonstrations, international conflicts, as well as ethnic, religious or regional conflicts.
Switzerland and Singapore are perceived to be the most stable political countries.
Source of our data: The World Bank
We measure the economic stability of a country by the ratio Deficit/GDP.
This ratio is the most relevant because it shows whether a country is generating a profit every year of is losing a lot every year (Deficit) compared to its economic size (GDP)
Hong Kong and Singapore are the two top countries generating the biggest profit compared to the size of their economy. On the other hand France and Dubai are losing the most compared to the size of their economy.
Source of our data: Trading economics
The VAT (Value Added Tax) on Gold is the tax that the consumer pays when he buys the precious metal. In some countries the VAT is also called GST (Good Sales Product).
The VAT is a percentage of the market value of the bar and is directly paid at the moment of the purchase. There is a VAT when the government considers gold as any other industrial commodity, and not as money or as an investment product.
Most of the countries, except for the US and Japan, have a 0% VAT on gold and recognize its special place in the financial world.
Source of our data: the official websites of each tax authorities of each country
The VAT (Value Added Tax) on Silver is the tax that the consumer pays when he buys the precious metal. In some countries the VAT is also called GST (Good Sales Product).
The VAT is a percentage of the market value of the bar and is directly paid at the moment of the purchase. There is a VAT when the government considers silver as any other industrial commodity, and not as money or as an investment product.
The only countries recognizing the place of silver as a financial product are Singapore, Hong Kong, Australia, Dubai, and Canada.
Source of our data: the official websites of each tax authorities of each country
The VAT (Value Added Tax) on Platinum is the tax that the consumer pays when he buys the precious metal. In some countries the VAT is also called GST (Good Sales Product).
The VAT is a percentage of the market value of the bar and is directly paid at the moment of the purchase. There is a VAT when the government considers platinum as any other industrial commodity, and not as money or as an investment product.
The only countries recognizing the place of platinum as a financial product are Singapore, Hong Kong, Australia, Dubai, and Canada.
We retained the storage cost as an indicator because it is directly linked to the country. We measured the storage cost for gold only, because the cost for silver and platinum is highly correlated.
The value represents the cost as a % of the market value of the bar that the holder must pay to the vault holding his bar
The cheapest country for storage appears to be Singapore
Source of our data: the various websites of the bullion dealers of each country