What I like about GoldMoney:
They are very up-front with their fees.
As a result, it’s easy to see and figure out what you are being charged on each purchase/sale of gold.
GOLDMONEY FEES
Buying Gold (up to $9,999): 2.49%
Buying Silver (up to $9,999): 3.99%
GOLD STORAGE FEES
GoldMoney also has a monthly storage fee.
The storage fee is a percentage of how much gold/metal you are holding.
The storage fee also depends on which of their vaults your metal is being held in.
Currently with GoldMoney, you can hold your metal in a vault:
• Offshore from the UK
• In Switzerland
• In Hong Kong
Different vaults have different fees.
If I’ve made it sound complex, please know that it is simple.
It is all published online, and you will be able to see what the fees are at the time you are purchasing your gold.
Gold storage fee * |
London | Zurich | Hong Kong | |||
Month | Year | Month | Year | Month | Year | |
1 – 49,999 GoldGrams | 0.015% | 0.18% | 0.015% | 0.18% | 0.015% | 0.18% |
50,000 GoldGrams and over | 0.013% | 0.15% | 0.013% | 0.15% | 0.013% | 0.15% |
Silver storage fee * |
London | Zurich | Hong Kong | |||
Month | Year | Month | Year | Month | Year | |
1 – 49,999 Silver oz. | 0.041% | 0.49% | 0.083% | 0.99% | 0.041% | 0.49% |
50,000 Silver oz. and over | 0.033% | 0.39% | 0.073% | 0.87% | 0.033% | 0.39% |