
A Guide for New Investors
Is it easy to sign up?
If you live in a fast-track country, use our
paperless online sign up for quick and easy access to the precious metals market. It takes only a few minutes to establish your Holding and you can immediately transfer funds to purchase metal. Just send us a scanned copy of your photo ID and bank document within 15 days* of funding your Holding.
Does GoldMoney offer consistent and competitive prices?
Some precious metals dealers charge high gold, silver, platinum and palladium prices which can be inconsistent. At GoldMoney, we always offer you consistent and competitive prices. Find out more about our
metals prices & rates.
How much should I buy?
Gold and silver are excellent means to
preserve your purchasing power but choosing how much gold and silver to buy should be your personal decision. That said, it is a widely acknowledged investment principle that you should hold between 10-25% of your assets in precious metals. Research has shown that wealthy individuals keep around
10% of their wealth in precious metals as a diversifier and hedge against crisis events.
Isn't the gold price too high to buy?
Nobody can predict the future, but there is a strong case for the continued appreciation of the gold price (and other precious metals) in terms of US dollars, Euros and most of the other major world currencies. Compared to historical records, the gold price still has room to increase further. Adjusting for real price inflation, the current gold price is far from breaking the record gold price in 1980.
However, the price is not the key aspect to consider when purchasing gold, as first and foremost gold investments are made to act as your insurance against financial uncertainties and currency debasement. Take a look at our
Gold Research section to find out more about how precious metals can protect your wealth.
Are my metals safe with GoldMoney?
GoldMoney has invested significant resources over the years to become the leading provider of gold and silver online. All metal is owned directly by our customers, which is routinely verified by independent third parties. There is always a one-to-one ratio of the metal in our vaults to the metal in our database. Your metals are safely stored in a secure and insured vault. Find out more about all of
GoldMoney’s benefits.
*If you do not provide the documents within 15 days of funding your Holding, we are required to return your funds and may need to sell any metal you hold. You will forgo any trading profits made and will assume any trading losses incurred. An administration fee applies and the Holding will be closed