Switzerland · CHF · May 2026
Gold Price in Switzerland — May 2026
In May 2026, the gold price in Switzerland closed at approximately Fr3,698 per troy ounce, equivalent to Fr1,387 per tola or Fr119 per gram. This represents a -2.44% change on the month (Fr3,791 open → Fr3,698 close).
Open
Fr3,791
per troy ounce
Close
Fr3,698
per troy ounce
High
Fr3,883
per troy ounce
Low
Fr3,669
per troy ounce
All unit prices at May 2026 close — Switzerland
| Unit | Weight | Closing CHF price |
|---|---|---|
| Troy ounce | 31.1035 g | Fr3,698 |
| Gram | 1.0000 g | Fr119 |
| 10 grams | 10 g | Fr1,189 |
| Kilogram | 1,000 g | Fr118,909 |
| Tola | 11.664 g | Fr1,387 |
Karat-purity breakdown at May 2026 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KSWITZERLAND STD | Fr119 | Fr1,386 |
| 22K | Fr109 | Fr1,270 |
| 21K | Fr104 | Fr1,214 |
| 18K | Fr89 | Fr1,040 |
| 14K | Fr70 | Fr811 |
| 10K | Fr50 | Fr578 |
Daily gold price in CHF — May 2026
The 2026 gold market: Gold's role in a multi-polar reserve system
2026 finds gold continuing as a structural reserve asset. Central banks remain net buyers. Gold's share of total global reserves has crossed 18 percent — the highest since the 1990s. The post-2022 monetary order, with gold playing a larger role alongside multiple reserve currencies, appears to be consolidating rather than reversing.
Key drivers in 2026
Multi-polar reserve system, central-bank accumulation continuing, AI-era productivity vs monetary expansion debate
The Switzerland gold market
Switzerland retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.
Standard quote unit
gram
Common purity
24K
Currency
CHF (Fr)
Daily gold price — May 2026, Switzerland
Fr3,791
$4,660.30/oz
Fr3,755
$4,615.40/oz
Fr3,766
$4,629.80/oz
Fr3,757
$4,618.00/oz
Fr3,739
$4,595.80/oz
Fr3,842
$4,722.80/oz
Fr3,875
$4,763.80/oz
Fr3,863
$4,748.70/oz
Fr3,836
$4,715.70/oz
Fr3,836
$4,715.70/oz
Fr3,881
$4,770.30/oz
Fr3,883
$4,773.50/oz
Fr3,845
$4,726.30/oz
Fr3,839
$4,719.10/oz
Fr3,789
$4,657.10/oz
Fr3,694
$4,541.20/oz
Fr3,705
$4,554.80/oz
Fr3,734
$4,589.60/oz
Fr3,734
$4,589.50/oz
Fr3,703
$4,551.40/oz
Fr3,718
$4,570.70/oz
Fr3,695
$4,541.70/oz
Fr3,669
$4,510.50/oz
Fr3,726
$4,580.10/oz
Fr3,726
$4,580.80/oz
Fr3,710
$4,560.80/oz
Fr3,682
$4,526.10/oz
Fr3,674
$4,515.90/oz
Fr3,737
$4,594.30/oz
Fr3,694
$4,540.30/oz
Fr3,698
$4,546.40/oz
How Switzerland gold prices are calculated on this page
Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The CHF/USD exchange rate comes from exchangerate-api.com's 2026 year-end snapshot.
Conversion. Every CHF figure on this page is computed as XAU/USD price × CHF/USD rate. We use the year-end exchange rate consistently across all May 2026 prices on this page.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Switzerland, add the country-specific levies described in the “Switzerlandgold market” section above.
FAQ — Switzerland gold price in May 2026
What was the gold price in Switzerland in May 2026?
In May 2026, gold in Switzerland opened at Fr3,791/oz and closed at Fr3,698/oz — a move of -2.44% on the month. Per tola: ≈Fr1,387; per gram: ≈Fr119; per 10g: ≈Fr1,189.
What was the 24K gold rate per tola in Switzerland in May 2026?
The 24K gold rate per tola in Switzerland at the May 2026 close was approximately Fr1,387, derived from international XAU/USD spot of $4,546.40/oz times the 2026-end CHF/USD exchange rate of 0.8135. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 24K gold rate per gram in Switzerland in May 2026?
Switzerland's most-quoted retail standard is 24K per gram. At the May 2026 close, that worked out to approximately Fr119 (24K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
CHF prices on this page are computed from the verified international XAU/USD spot price for May 2026 (sourced from gold-api.com), multiplied by the 2026-end CHF/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.
Why does the retail price in shops differ from this number?
The Fr figures here represent the international gold spot price converted to CHF at the 2026-end exchange rate. Switzerland's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.
Want today's rate in Switzerland? See live gold prices in Switzerland with minute-by-minute updates and per-karat breakdowns.
Different month or year? Use the prev / next buttons above, or jump to the full 2026 archive or the USD-only May 2026 page with the country-by-country list at the bottom.
Other markets? Compare May 2026 prices across other major gold-trading countries: Eurozone, United Kingdom, Norway, Sweden, Denmark, United States.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to CHF at the 2026-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Switzerland before transacting.