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GoldMoney Fees 



What Fees Apply To Me? 



MANDATORY FEES:

Buying       Storage       Bank Wire


FEES FOR OPTIONAL SERVICES:

Metal Exchange       Bar Refining       Bar Registration       Additional Services

GoldMoney does not charge fees for opening a Holding, and does charge account opening fees.

* In exceptional circumstances, GoldMoney may charge a sell fee. The purpose is to provide liquidity to the seller regardless of market conditions. For example, during rare events such as extreme market conditions, we may need to sell to a bullion dealer the metal that we purchase from a customer. If the dealer charges a fee that GoldMoney cannot reasonably absorb, the fee would be passed on to the customer. In keeping with our longstanding policy of full disclosure, if a sell fee is ever imposed, you will be advised of the fee before you transact, thus giving you the choice whether or not to proceed with the sale.


GoldMoney Buy Fee

The buy rates displayed below are dependent on the currency you use to pay for your metal purchase. Please click on the "Change currency" link below and note the buy rate for your currency of payment.


Gold Buy Rates
Current Spot Rate
$51.3008/gg
$1,595.60/oz
GoldGrams Ounces Rates
$1 - 9,999 $52.5782 $1,635.3607 2.49%
$10,000 - 99,999 $52.4243 $1,630.5739 2.19%
$100,000 - 499,999 $52.0139 $1,617.8091 1.39%
$500,000 - 999,999 $51.8753 $1,613.4982 1.12%
$1,000,000+ $51.8035 $1,611.2649 0.98%

Silver Buy Rates
Current Spot Rate
$28.6200/oz
Ounces Rates
$1 - 9,999 $29.7619 3.99%
$10,000 - 99,999 $29.6760 3.69%
$100,000 - 499,999 $29.3326 2.49%
$500,000 - 999,999 $29.2467 2.19%
$1,000,000+ $29.1895 1.99%

Platinum Buy Rates
Current Spot Rate
$46.9080/pg
$1,459.00/oz
Platinum Grams Ounces Rates
$1 - 9,999 $48.9673 $1,523.0495 4.39%
$10,000 - 99,999 $48.8125 $1,518.2347 4.06%
$100,000 - 499,999 $48.1933 $1,498.9754 2.74%
$500,000 - 999,999 $48.0385 $1,494.1606 2.41%
$1,000,000+ $47.9353 $1,490.9508 2.19%

Palladium Buy Rates
Current Spot Rate
$19.3872/pd
$603.00/oz
Palladium Grams Ounces Rates
$1 - 9,999 $20.4089 $634.7861 5.27%
$10,000 - 99,999 $20.3314 $632.3756 4.87%
$100,000 - 499,999 $20.0251 $622.8486 3.29%
$500,000 - 999,999 $19.9475 $620.4350 2.89%
$1,000,000+ $19.8971 $618.8674 2.63%

 

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GoldMoney Storage Fee


Gold storage fee * 1 - 49,999
GoldGrams
  50,000 GoldGrams
and over
London Month Annum   Month Annum
vault_via_mat_logo 0.015% 0.18%   0.0125% 0.15%
Zurich          
vault_via_mat_logo 0.015% 0.18%   0.0125% 0.15%
Hong Kong VM          
vault_via_mat_logo 0.015% 0.18%   0.0125% 0.15%
Hong Kong G4S          
vault_g4s_logo 0.015% 0.18%   0.0125% 0.15%

 
Silver storage fee * 1 - 49,999
Silver oz.
  50,000 Silver oz.
and over
London Month Annum   Month Annum
vault_via_mat_logo 0.04084% 0.49%   0.0325% 0.39%
Zurich          
vault_via_mat_logo 0.08250% 0.99%   0.0725% 0.87%
Hong Kong VM          
vault_via_mat_logo 0.04084% 0.49%   0.0325% 0.39%
Hong Kong G4S          
vault_g4s_logo 0.04084% 0.49%   0.0325% 0.39%

 
Platinum Storage Fee * 1 - 49,999
Platinum Grams
  50,000 Platinum Grams
and over
Zurich Month Annum   Month Annum
vault_via_mat_logo 0.04917% 0.59%   0.04917% 0.59%
Hong Kong VM          
vault_via_mat_logo 0.04084% 0.49%   0.03250% 0.39%

 
Palladium Storage Fee * 1 - 49,999
Palladium Grams
  50,000 Palladium Grams
and over
Hong Kong VM Month Annum   Month Annum
vault_via_mat_logo 0.08166% 0.97%   0.06500% 0.78%



  • Gold and silver are stored in London, Zurich and Hong Kong. Platinum is available for storage in Zurich and Hong Kong. Palladium is available for storage in Hong Kong.
  • Storage fees are only charged when you own gold, silver, platinum or palladium in GoldMoney. Storage includes insurance coverage against theft from the vault.
  • Fees are deducted monthly from your Holding with a minimum fee of 0.1 goldgrams (about $5.13), 0.2 silver ounces (about $5.72), 0.1 platinum grams (about $4.69) and 0.1 palladium grams (about $1.93) per month. The storage fees for gold, silver, platinum and palladium are applied to each vault where you hold metal. Therefore, if you hold a balance of gold in both London and Zurich, the gold storage fee will be applied separately to both balances.
  • All storage fees are calculated and paid in goldgrams, silver ounces, platinum grams and palladium grams.
  • If storage fees change we will notify you 30 days in advance.

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Metal Exchange Fee

The fees below are applied for exchanges between metals (i.e., silver to gold) and between vaults (i.e., gold in London to gold in Zurich). Therefore, a conversion of silver to gold or London gold to Zurich gold would be applied using the rates stated in the Gold Exchange Rates table below.

Gold Exchange Rates
Current Spot Rate
$51.3008 /gg
$1,595.60 /oz
GoldGrams Ounces Rates
$1 - 9,999 $52.3217 $1,627.3827 1.99%
$10,000 - 99,999 $52.1985 $1,623.5508 1.75%
$100,000 - 499,999 $51.8702 $1,613.3395 1.11%
$500,000 - 999,999 $51.7625 $1,609.9897 0.90%
$1,000,000+ $51.7009 $1,608.0737 0.78%

Silver Exchange Rates
Current Spot Rate
$28.6200 /oz
Ounces Rates
$1 - 9,999 $29.5329 3.19%
$10,000 - 99,999 $29.4642 2.95%
$100,000 - 499,999 $29.2353 2.15%
$500,000 - 999,999 $29.1666 1.91%
$1,000,000+ $29.1208 1.75%

Platinum Exchange Rates
Current Spot Rate
$46.9080/pg
$1,459.00/oz
Platinum Grams Ounces Rates
$1 - 9,999 $48.5545 $1,510.2100 3.51%
$10,000 - 99,999 $48.4325 $1,506.4154 3.25%
$100,000 - 499,999 $48.0197 $1,493.5759 2.37%
$500,000 - 999,999 $47.8978 $1,489.7844 2.11%
$1,000,000+ $47.8133 $1,487.1561 1.93%

Palladium Exchange Rates
Current Spot Rate
$19.3872/pd
$603.00/oz
Palladium Grams Ounces Rates
$1 - 9,999 $20.2034 $628.3944 4.21%
$10,000 - 99,999 $20.1414 $626.4660 3.89%
$100,000 - 499,999 $19.8971 $618.8674 2.63%
$500,000 - 999,999 $19.8351 $616.9390 2.31%
$1,000,000+ $19.7944 $615.6731 2.10%

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Bank Wire Fee

The wire fee charged by our bank is deducted from your currency balance before funds are wired to your bank account. For example, the transfer of US$50,000 with an international wire fee of $20 would result in a total debit of $50,020 from your currency balance and a $50,000 credit to your bank account (your bank may charge a fee for receiving a bank wire). The wire fees charged by our bank are subject to change, but will always be disclosed to you before you complete a funds transfer.

Currency Funds wire transfer fee
CAD - Canadian dollars C$22.00 per transfer
CHF - Swiss francs SFr22.00 per transfer
EUR - Euros €15.00 per transfer
GBP - British pounds CHAPS & international transfers £10.00 3-day UK BACS transfers: Free
JPY - Japanese yen ¥2,000.00 per transfer
USD - US dollars $20.00 per transfer
HKD - Hong Kong dollars HKD160.00 per transfer
NZD - New Zealand dollars NZD25.00 per transfer
AUD - Australian dollars AUD20.00 per transfer


GoldMoney Kilo/100 Gram Bar Fee

A fee is charged when you redeem goldgrams for a GoldMoney kilo or 100 gram bar, which is 2.75% of the fine weight of a kilo bar and 4% of a 100 gram bar. Therefore, you need 1,027.500gg or 104gg to redeem a kilo or 100 gram bar respectively. Shipping/insurance fees start at £25 (UK)/£100 (international) per kilo shipped or any part thereof.


Bar Registration Fee

A fee of 1 goldgram/1 platinum gram/1 palladium gram is charged any time you register a gold/platinum/palladium bar.


Service Fee

We charge a fee of 1 to 10 goldgrams for completing special requests beyond the services listed above. Fees are based on the time required by GoldMoney staff to complete your request. By way of example, we charge 1 goldgram for posting a paper statement to a customer's address, and 1 goldgram for changing a Holding number to a customised label.     

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