Third party verification gives our customers peace of mind
GoldMoney has established an industry-leading governance policy and audit trail to protect the precious metals we buy and hold on behalf of our customers. It is of crucial importance to our customers that they have 100% allocated ownership of their precious metals and that the metals they own are stored securely. That’s why we make the precious metal inventory and audit reports available to you on the GoldMoney website and in your Holding.
There are three reports we provide from three independent parties to confirm that there is always a one-to-one ratio of precious metals stored in the vault and recorded in our database.
Inventory audit certificates - Quarterly reports published by Inspectorate, an independent third party, which verifies the total number of bars listed in the vault inventory reports.
Quarterly control reports - Audits produced by a Big Four accounting firm confirming the one-to-one ratio of customers’ metal stated in the vault inventory reports with the metal recorded in our database.
Quarterly reports by the vault operators detailing the number and weight of the gold, silver, platinum and palladium bars held in each of the vaults. Login to your Holding and review the reports in the ‘Governance’ section.
We also provide other reports and certificates to verify the standing of our business and other information important to our customers.
Monthly total value report - A proprietary report showing the total amounts of gold, silver, platinum, palladium and national currencies held by our customers at month-end.
Certificates of registration - Documents that confirm GoldMoney’s business registration and regulated status in Jersey, British Channel Islands.
Evidence of insurance - Confirmation from the vault’s insurance agent that adequate insurance is maintained for the metals held in its vaults (accessible at ‘Governance’ in your verified Holding).