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A Guide for New Investors

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Is it easy to sign up?

GoldMoney has made it easy for you to sign up for a Holding. It is also free of charge. If you live in the UK, USA, Canada or one of the other fast-tracked countries you can complete the process entirely online.

The sign-up process for a Basic Holding takes only a few minutes, and involves filling in an online application form and uploading scanned copies of your bank statement and a photo ID document, such as a passport or drivers licence. After we have reviewed your form and supporting documents, we will send you a message to confirm the status of your application. When everything is complete, all that remains is for you to transfer funds to your GoldMoney Holding from your bank account and start buying precious metals. You can find out more about the sign-up process in the How it Works section.

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.