Italpreziosi Spreads, leverage, minimum deposit Revealed

Overview

　　Italpreziosi, based in Arezzo, Italy, specializes in the production and trading of precious metals, operating as a Good Delivery refinery in the industry. Notably, Italpreziosi functions within a sector characterized by limited formal regulations, emphasizing the importance of trust and transparency in their operations. The company offers a diverse range of products, including melting gold bars, ingots, molded golden ingots, gold sheets, silver grains, melting silver bars, and gold nuggets, catering to various industrial, banking, and investment needs. Their comprehensive services encompass refining, trading, production, logistics, analysis, and metal distribution, ensuring quality and efficiency across the precious metals industry. Italpreziosi also provides transparent purchasing procedures, both over the telephone and online, backed by a dedicated customer support team and social media engagement.

Regulation

　　Italpreziosi is situated in Arezzo, Italy, and specializes in the production and trading of precious metals, including ingots and investment coins, functioning as a Good Delivery refinery. It's worth highlighting that Italpreziosi operates in a sector that notably lacks formal regulations. Despite the absence of stringent oversight, the company has managed to carve out a niche for itself in the competitive world of precious metals, earning recognition for its reliability and expertise. This absence of formal regulations underscores the importance of transparency and trust in the industry, qualities that Italpreziosi has strived to uphold throughout its operations.

Pros and Cons

　　Italpreziosi offers a wide range of high-quality precious metal products and comprehensive services, catering to various sectors. Its transparent purchasing procedures and dedicated customer support are notable advantages. However, the company operates in a sector with limited formal regulations, which may raise concerns about transparency and oversight. Additionally, the need for direct communication for specific product pricing and compliance checks in some procedures may introduce complexities. For larger orders, the preliminary price setting and deposit requirement could result in variability in final pricing.

Products

　　Italpreziosi offers a diverse range of products in the precious metals industry, catering to various industrial, banking, and investment needs. These products are characterized by their high quality and adherence to international standards:

1. 　　Melting Gold Bars: Italpreziosi manufactures melting gold bars using advanced technologies and machinery. These bars meet the stringent standards set by the LBMA (London Bullion Market Association) and have a minimum gold content of 995.0 parts per thousand. They are accepted by the international banking market and come with Good Delivery certification, ensuring their quality and purity.

2. 　　Melting Gold Ingots: Similar to melting gold bars, Italpreziosi's melting gold ingots are of high quality and purity, ranging between 995/1000 and 999.9/1000. These ingots are used in various industrial and goldsmith processes, and they cater to both Italian and international banks, as well as private investors. Each ingot is stamped with a serial number, Italpreziosi's mark, purity, and weight, accompanied by a guarantee certificate.

3. 　　Molded Golden Ingot: Italpreziosi also offers molded gold bars with purity levels between 995/1000 and 999.9/1000. These ingots are suitable for industrial and goldsmith applications and are favored by banks and private investors. Each molded ingot comes within a certicard, featuring multiple safety layers, a guarantee certificate, and a QR code containing detailed information about the ingot's history and characteristics.

4. 　　Gold Sheets: Italpreziosi is a leader in the production and supply of gold foil for jewelry making. They offer a wide range of cuts and thicknesses to meet the specific needs of their customers in the jewelry industry.

5. 　　Silver Grains: For industrial, banking, and private sector applications, Italpreziosi produces silver grains with a purity greater than 999/1000. These high-quality silver grains are produced using advanced technology.

6. 　　Melting Silver Bars: Italpreziosi's melting silver bars are manufactured using advanced technology, ensuring their high quality and purity. These bars display a serial number, the Italpreziosi stamp, and purity markings.

7. 　　Gold Nuggets: Italpreziosi sources and markets gold nuggets from ethical and certified extraction sources. These gold nuggets are real pieces of the precious metal, typically ranging in purity from 20 to 22 carats. The company guarantees the quality and origin of these nuggets.

　　Italpreziosi's comprehensive product offerings cater to a wide spectrum of customers, including those in the industrial sector, banking institutions, private investors, and jewelry manufacturers, with a strong focus on maintaining product quality and adherence to international standards.

Services

　　Italpreziosi offers a comprehensive range of services in the precious metals industry, catering to various sectors including refining, trading, production, logistics, analysis, and metal distribution:

1. 　　Refining of Gold and Precious Metals: Italpreziosi employs advanced refining techniques to recover gold, silver, platinum, and palladium at exceptionally high purity levels. They have achieved Good Delivery certification from the LBMA for gold, underscoring their commitment to maintaining rigorous quality standards. Their expert and highly qualified staff ensure efficient processing of various materials, including doré bars, industrial waste, jewelry scraps, and precious metals from private investors and banks.

2. 　　Trading of Precious Metals: Italpreziosi provides a complete range of services related to the precious metals market, offering spot and forward prices for gold, silver, platinum, and palladium in major currencies. They contribute to the gold price on Bloomberg and Refinitiv, reflecting their commitment to transparency. Italpreziosi has developed the Italplatform, a digital platform for physical metal brokerage, giving customers and suppliers access to international markets, real-time pricing, limit order placement, and full order status transparency.

3. 　　Production of Ingots and Coins: After the refining process, Italpreziosi manufactures high-quality products for industrial, banking, and investment sectors. Using state-of-the-art machinery, they create gold bars with attention to detail and quality, verified with Good Delivery certification by the LBMA. Their product range includes gold bars, gold foils, Good Delivery gold bars, gold grains, silver bars, and silver grains.

4. 　　Logistics: Italpreziosi offers efficient, insured, and secure shipping solutions for industrial, banking, and private sectors. They can organize shipping to any location worldwide, ensuring the safe collection and delivery of materials. Italpreziosi exclusively collaborates with major international couriers that adhere to OECD Due Diligence guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.

5. 　　Analysis of Gold and Precious Metals: Italpreziosi's analysis laboratory plays a pivotal role in determining the precise content of precious metals in samples. This lab maintains trust relationships by delivering precise and transparent results, adhering to international standards. Analysis methods are tailored to individual cases and may include techniques like cupellation, fire tests, potentiometric methods, and ICP spectrometry. Clear and detailed analysis reports facilitate effective communication with clients.

6. 　　Metal Distribution: Italpreziosi serves as a vital hub for the Italian and international goldsmith industry, facilitating the delivery of precious metals worldwide. They offer competitive pricing, traceability, and high-quality service, collaborating with specialized international operators for safe and reliable shipments. Customers gain access to international precious metal markets, updated prices, competitive purchase and sales orders, and a range of financial services related to the physical business.

　　Italpreziosi's wide array of services encompasses the entire spectrum of the precious metals industry, ensuring quality, transparency, and efficiency for their customers and partners worldwide.

How to buy/sell？

　　The purchasing procedure at Italpreziosi for investment gold products or coins, in compliance with relevant laws, involves several steps for both telephone and online transactions:

　　Telephone Procedure:

1. 　　Registration: The customer initiates the process by registering with Italpreziosi. They must complete a “KYC” (“Know Your Customer”) form provided by Italpreziosi, along with a copy of their identity card and tax code. The Italpreziosi operator creates the customer profile and conducts compliance checks. Registration is typically required for a first-time purchase.

2. 　　Price Setting: After registration, the customer contacts Italpreziosi by phone to set the price for the desired product(s) through a dedicated operator.

3. 　　Order Confirmation: Upon confirming the order, the customer receives an email with essential documentation, including the “General Conditions of Sale” (GCS), “Privacy Policy,” and “Order Confirmation.” The email also provides the IBAN code for the bank transfer and the chosen shipping address.

4. 　　Payment: The customer makes the payment indicated on the Purchase Order Confirmation to Italpreziosi's bank account, following the timeline specified in the GCS.

5. 　　Dispatching the Order: The products are dispatched once Italpreziosi receives the bank transfer and signed order documents. If immediate availability is not possible, Italpreziosi reserves up to 10 working days to process the order.

6. 　　Shipment: Shipment is carried out by courier or insured value carrier. The products can be delivered to the customer's preferred location, including banks or safety deposit boxes.

7. 　　Shipping Fees: Shipping fees vary based on the order value and location. Italpreziosi calculates these fees automatically during online shopping or provides the exact cost in the telephone procedure.

8. 　　Order Cancellation: Italpreziosi reserves the right to cancel the order if it does not receive the signed order confirmation or payment within 7 days.

　　Online Procedure:

1. 　　Online Shopping: Customers add desired products to their online cart and provide necessary information.

2. 　　Confirmation: They confirm the “General Conditions of Sale” (GCS) and “Privacy Policy” by affixing the checkbox.

3. 　　Order Confirmation: An email confirmation is sent to the customer, summarizing the products, providing the IBAN code for the bank transfer, and indicating the selected shipping address.

4. 　　Documentation for New Customers: For first-time customers with orders over €15,000, copies of an identity card, tax code, and KYC may be required.

5. 　　Payment: Customers transfer the purchase amount to Italpreziosi's bank account upon receipt of the pertinent receipt.

6. 　　Dispatching the Order: The products are dispatched once Italpreziosi receives the bank transfer and signed order documents.

7. 　　Shipment: Shipment is carried out as per the contract terms specified in the GCS, with options for delivery locations.

8. 　　Shipping Fees: Shipping fees are automatically calculated based on the order value and location.

9. 　　Order Cancellation: Italpreziosi reserves the right to cancel the order if it does not receive the signed order confirmation or payment within 7 days.

　　Orders Over 1 Kilogram:

　　For orders exceeding 1 kilogram in weight, the purchase procedure is slightly different, with a preliminary price set during the phone call. A deposit corresponding to 10% of the estimated total amount is paid to reserve the order. Upon receipt of the bank transfer, the final price is determined, and the remaining balance is paid. The subsequent steps, including dispatch, shipment, fees, and order cancellation policies, remain similar to the standard procedure.

　　Italpreziosi's purchasing procedures aim to provide customers with a transparent and efficient process for acquiring investment gold products and coins, ensuring compliance with relevant regulations.

Customer Support

　　Italpreziosi has a dedicated customer support service to assist its customers with inquiries and assistance related to their products and services:

　　Customer Support Phone Number: +39 0575 1820400

• 　　Italpreziosi provides customers with a direct phone number to contact their customer support team. This number is likely staffed by knowledgeable representatives who can address various customer queries, including inquiries about products, orders, pricing, and any other related concerns.

　　Social Media Accounts:

• 　　Italpreziosi maintains a presence on social media platforms, which can serve as additional channels for customer support. Customers can follow Italpreziosi on these platforms to stay updated on company news, product offerings, and possibly to send direct messages or comments for assistance.

　　Italpreziosi's customer support aims to provide timely and helpful assistance to customers, ensuring a positive experience when engaging with their products and services. Customers can reach out through the provided phone number or interact with the company via their social media accounts for any questions or support needs they may have.

Conclusion

　　Italpreziosi, situated in Arezzo, Italy, operates as a Good Delivery refinery specializing in the production and trading of precious metals, including high-quality products like melting gold bars, ingots, and golden sheets, catering to industrial, banking, and investment sectors. Notably, Italpreziosi operates in a sector lacking formal regulations, emphasizing transparency and trust in its operations. Their comprehensive services encompass refining, trading, production, logistics, analysis, and metal distribution, offering a one-stop solution for clients. Their well-defined purchasing procedures ensure a transparent and efficient process for customers looking to buy or sell investment gold products. Supported by a dedicated customer support team and a presence on social media platforms, Italpreziosi strives to provide timely assistance and uphold its reputation in the precious metals industry.

FAQs

　　Q1: How can I purchase investment gold products from Italpreziosi？

　　A1: To buy investment gold products, you can follow the telephone procedure by registering, setting the price, confirming the order, making a payment, and arranging shipment, or use the online procedure for orders under €3,000.

　　Q2: What are the purity levels of Italpreziosi's gold ingots？

　　A2: Italpreziosi offers gold ingots with purity levels ranging between 995/1000 and 999.9/1000, ensuring high quality for various industrial and investment applications.

　　Q3: Does Italpreziosi provide services for precious metal analysis？

　　A3: Yes, Italpreziosi has an advanced analysis laboratory that conducts precise assessments of precious metal content in samples, offering clear and detailed reports for clients.

　　Q4: Are there quantity limits for purchasing gold from Italpreziosi？

　　A4: For online orders, quantities exceeding 1 kg of gold (or 30 kg of silver) should be arranged via telephone, with a preliminary price set and a deposit required.

　　Q5: How can I contact Italpreziosi's customer support？

　　A5: You can reach Italpreziosi's customer support team at +39 0575 1820400 or connect with them on their social media accounts for inquiries and assistance regarding their products and services.