Section 9: Contracts for the purchase of precious metals

Any professional offering transactions for the purchase of precious metals, in particular gold, silver or platinum, in any form whatsoever, from consumers shall indicate, by display, the prices offered, in accordance with the procedures laid down by order of the minister responsible for the economy, issued after consultation with the Conseil national de la consommation.

Any transaction for the purchase of precious metals, in particular gold, silver or platinum, in any form whatsoever, by a professional from a consumer shall be the subject of a written contract, a copy of which shall be given to the consumer-seller at the time of its conclusion.

The contract provided for in article L. 224-97 includes the following information: 1° The full name and address of the professional purchaser or, in the case of a legal entity, its company name and the address of its registered office; 2° The unique identification number and, if the trader is registered with the trade and companies register, the wording RCS followed by the name of the town where the registry…

The consumer has a period of forty-eight hours from the signing of the contract to exercise his right of withdrawal, without having to justify his reasons or pay any penalties. Exercising the right of withdrawal terminates the obligations of the parties. The consumer must then reimburse the trader for the price received and, in return, the trader must return the item(s) purchased. If the consumer fails to return the item(s)…