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Do I pay any storage fee for my precious metals?

Different metals that you own in the GoldMoney system can have different storage vault locations, and you will be charged a storage fee for every vault in which you own metal. Consult our fees page for details on these charges. Please also consult this page for bar delivery and registration details.

A given weight of silver has a greater volume than the same weight of gold, which combined with the fact that it’s far cheaper than gold on a per-ounce basis, is why it costs more to store silver than gold. The storage fees for gold, silver, platinum and palladium are applied to each vault where you hold metal. If for example you hold balances of gold in London, Zurich and Hong Kong, the gold storage fee will be applied separately to all three vaults. You will pay a minimum fee at each vault that you hold metal. The storage fees cover the full insurance for your metals.