The roots of the company go back to the "preparatory rolling mill" founded in 1852 by Martin de Pury & Cie in Le Locle.

In 1998, SBC merged with Union Bank of Switzerland (UBS) and a majority of the shares of Métaux Précieux SA Metalor were acquired from SBC by a group of Swiss private investors comprising Ernst Thomke, Martin Bisang, Rolf Soiron and Giorgio Behr.

[2] In 2013, the company selected Singapore as the location for establishing a gold refinery and manufacturing facility for bullion products.

This decision was made to cater to the growing regional gold demand, which aligns with the Singapore government's initiatives to position the country as a prominent global trading hub for physical precious metal transactions.

[3] In September 2016, 100% of Metalor was sold to the Japanese group of precious metals producers Tanaka Kikinzoku.