The physical bullion business lies at the heart of MKS PAMP. Our physical expertise and reputation defines us in the industry. Thanks to our position as part of a wider network of industrial companies, MKS PAMP benefits from a unique perspective on physical metal flow around the globe. From refining and storage to the manufacture and distribution of the highest quality bullion products, physical trading covers most aspects of our business.

Physical Capabilities

1 Physical Capabilities


Through our group refining affiliates, MKS PAMP in Switzerland and MMTC-PAMP in India, we have unsurpassed access to the world’s leading bullion brands. The refineries manufacture an extensive range of minted and bullion products. Both plants are LBMA Good Delivery for gold and silver bars. Their products are therefore deliverable on all major market centers and bullion exchanges.

MKS PAMP’s network of sales offices consolidates our position as prime market participant in the trading, supply and purchase of physical precious metals. Platinum Group Metals (PGMs) complete the suite of physical product offering. MKS PAMP is LPPM accredited and the manufactured bars are deliverable against all major contracts.

We maintain physical stock globally and, working with the industry leading logistics providers, can make bullion available at short notice anywhere around the world. Our market coverage, in Geneva and Sydney, ensures competitive price making in physical metal on a continuous basis.

Location Swaps

2 Location Swaps


MKS PAMP is active in all leading bullion centers. The group owns storage facilities and has long standing partnerships with renowned logistics companies who enable us to offer precious metals location swaps around the world in a multitude of shapes and fineness.

MKS PAMP actively trades in key markets: from the deep liquidity of the 995 large bar London Market to the preferred kilobar deliverable in Hong Kong and Singapore. Thanks to our refineries in India and Switzerland, metal is always available for delivery in the major gold hubs.

MKS PAMP has an established footprint in the US with access to vaulting and registered CME depository facility via the affiliated group company in New York: MTB. From this location, metal can be physically distributed across all of North America.

Quality Swaps

3 Quality Swaps


Our clients may require very specific metal fineness, grammage and form, that we can efficiently provide on a swap basis in single or multiple locations.

We offer quality and purity swaps in all metals, tailored to the requirements of our most demanding customers.

MKS PAMP trades daily in a wide variety of bullion bars, for example: Tola bars, very popular in the Middle East; kilobars in variable grades accepted in Asia (including 995 in India and 9999 in China) and good delivery large bars of different fineness in London and other central bank preferred locations.

Logistic Solutions

4 Logistic Solutions


MKS PAMP provides end-to-end competitive and flexible logistics solutions from mine site pick-up in remote areas to safe custody and consignment in major precious metals centres. We partner with the top 5 logistics companies in precious metals to ensure global geographical coverage.

MKS PAMP can organize secure, competitive and bespoke logistics solutions in order to provide our customers with physical precious metals anywhere in the world.

Our dedicated operations team helps our customers find the fastest and most efficient logistic solution, whether taking delivery from our factories or moving stocks between locations.