Storing gold

Free Storage and Insurance until 31/3/2012

GoldMadeSimple are the only supplier in the bullion market who offers free storage and insurance guaranteed until 31/3/12.


April 2012 Storage and Insurance Rates

Gold Grams
  • Gold Gram storage and insurance is 0.015% of the gold value per month
  • The minimum monthly charge is 0.1 Gold Gram per month
  • Charges are deducted from your Gold Grams account monthly in advance.

Allocated Bars and Coins
  • Gold storage and insurance is 0.03% of the gold value per month
  • Silver storage and insurance is 0.1% per month 
  • The minimum monthly charge is £ 7.50
  • Charges are payable quarterly in advance by direct debit.

 (all costs above include VAT)


Secure Storage Facilities

In order to eliminate counter-party risk, we store the bullion in Via Mat International independent London Bullion Market Association (LBMA) accredited bullion vaults in the UK. Full market bars (12.5 kilo) can also be held in the Bank of England in London. You will receive a certificate of ownership which specifies the serial numbers of your bars and the location of storage. Delivery of stored bullion can be requested at any time - standard delivery costs will apply.

These independent professional bullion vault facilities provide the highest levels of physical security and total peace of mind that your investment is totally secure. Monthly independent audit checks confirm the bullion in storage matches our client stock list and the bullion is tested quarterly by specialist independent experts.

 

Individual Storage Boxes Per Client

Your gold bullion bars and coins are fully 'allocated' which means that each individual bar or coin is owned entirely by you and provides you the option of taking delivery of your bullion at will. We are simply managing its storage on your behalf. Unlike cash in a bank, your gold in our storage facilities at Via Mat is kept segregated with a separate box per customer, ensuring your gold is physically segregated from other clients gold in the vault and is never loaned out or used as security, which ensures that it is free from 'counterparty' risk.

 

Removal of Gold or Silver from Storage

You can request that the bullion is removed from storage and delivered to you at any time. A modest charge relating to the vault operators handling fee and delivery fee will be charged and a bespoke quotation can be provided upon request.


Buying physical gold is not regulated by the Financial Services Authority (FSA). For the benefit of doubt, we are not Financial Advisors or fund managers nor do we give financial advice. The information contained on this website is for "informational purposes" only, and does not replace professional, regulated advice. We encourage you to do your own research before buying gold or silver, and to seek out professional advice from an Independent Financial Adviser (IFA) if you are unsure.