Precious Metals Prices & Rates

Precious Metals Prices & Rates

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At GoldMoney we want our customers to always know exactly what they are paying in a transparent and consistent way when they buy precious metals from us. Transparent and competitive pricing is one of several reasons why GoldMoney is the choice of high net worth individuals around the world. Find out more about all of GoldMoney’s benefits.

How other metal dealers quote their prices

Most precious metals dealers quote two prices: a bid price and an ask price. The “bid” is the lower of the two and is the price at which the dealer will buy metal back from you. The “ask” (sometimes called the “offer”) is the price at which the dealer will sell metal to you. The difference between these two prices is the bid/ask “spread”. The spread is the critical part of the purchase price and must be looked at closely because it can vary widely between dealers, and therefore significantly affect your purchase cost.

Depending on market conditions and/or the dealer's subjective decision to widen the spread it quotes to its customers, the bid/ask spread can sometimes be very large. Thus the ask price for precious metals can be significantly higher than the bid, which ultimately means a higher cost to you when buying from that dealer. And some dealers charge an additional broking commission on top of the spread, further raising the total cost you pay.

Online live spot prices

We provide you with up-to-date spot precious metals prices 24 hours a day, 5 days a week. Our rates update every minute when the global gold market is open. You can find historical prices and charts in our research section.

Precious metals rates at GoldMoney

Consistent and competitive buy price

As a well-informed precious metals investor you strive to get the most competitive and transparent prices.

When you buy gold, silver, platinum or palladium from GoldMoney, we always quote you a bid price (what we refer to as the “current spot rate” throughout our website) based on the current global market for physical metal meeting the standards of the London and Zurich markets, and we then apply our fixed purchase rate on top of the bid. Large orders are completed at the London PM Gold, London Silver, London PM Platinum or London PM Palladium fixing price plus our fixed purchase rate.

Our purchase rate is clearly disclosed before you buy and is a fixed percentage amount, thereby enabling you to avoid the variable and volatile, and therefore unpredictable, bid/ask spread of other bullion dealers.

No sell fees or commission

With GoldMoney, you can sell your precious metals back to us at the market bid price, which is the best possible price anyone can receive. No commission or fees are charged*, in contrast to most other bullion dealers.

* 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.

Overview of buy and storage rates

A complete list of our current precious metals buy and storage rates can be found below. The buy rates displayed below are dependent on the currency you use to pay for your metal purchase. You can change your preferred currency below to see the buy rate for your currency of payment.

GoldMoney rates

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.