In the context of Swiss gold, "paper" usually refers to either (financial instruments) or the Assay Certificate that accompanies physical bars. 1. Paper Gold (Investment Instruments)

Contracts to buy gold at a set price in the future, used mostly by experienced traders. 2. Physical Gold Documentation (Assay Cards)

If you want to invest in the price of Swiss gold without holding physical bars, you can buy "paper gold" through financial platforms. These track the gold price and offer high liquidity but lack physical ownership.