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Storing gold
Secure
We offer our customers the option to store their gold in secure and insured London Bullion Market Association (LBMA) member storage facilities in London. We do not store customer gold on GoldMadeSimple premises. You can therefore be rest assured that your wealth is safe amongst hundreds of millions of pounds worth of gold bullion.
Allocated gold bars
Your gold bullion is allocated gold. That means that it belongs to you. We are simply managing its storage on your behalf. Unlike the banks with your cash, your gold is not ours to lend or use as security and therefore is free from counterparty risk.
Annual storage costs
After January 2011, there will be an annual storage fee. The annual charge for storing gold in the secured vault is £45 per kilo. Please note there is a minimun charge of £45 for storage.
Storage charges will be invoiced annually and sent to your registered home address. We require you to complete a direct debit mandate for annual storage charges.