We’re committed to transparency and always want our clients to know exactly what they are paying when they
buy precious metals from us. Our transparent and competitive pricing is one of several reasons clients
located in more than 150 countries choose Goldmoney.
As a client of one of the world’s oldest and largest precious metal investing services, you benefit
from the daily liquidity provided by our clients, which results in the most competitive prices
for allocated gold, silver, platinum, and palladium.
Buy & Sell Fees – Gold, Silver, Platinum, Palladium
Fee paid each time you buy or sell precious metals at the quoted buy and sell prices.
Metal Exchange Fees – Gold, Silver, Platinum, Palladium
Metal exchanges are a convenient way to convert the value of one metal into another at prevailing market prices. Goldmoney offers metal exchanges as one discounted transaction option, avoiding the need to make two transactions and pay twice the fees.
Monthly Storage Fees
We provide the lowest cost option for storing metal – up to 90% less than ETFs and competitors. Storing and insuring $100,000 of gold costs approximately $10 per month. Unlike Bank Deposit Insurance, there are no limits to coverage of your vaulted precious metal.
Monthly Storage Credits
Goldmoney rewards clients with credits to apply against storage fees.
We calculate your total buying, selling, and metal exchange activity each month, and apply the total commission you paid against your monthly storage fee. This means that you only pay storage fees during months you are less active.
For example:
- An account with a gold balance of $25,000 would only need to make $500 worth of gold transactions per month to avoid paying a storage fee.
- An account with a silver balance of $25,000 would only need to make $2,500 worth of silver transactions per month to avoid paying a storage fee.
Goldmoney Fee Calculator
Use our interactive fee calculator to calculate trading and storage fees for all precious metals.
Vault (provider/location)
Month
Annum
Account Funding Fees
Goldmoney offers multiple funding methods, each of which result in a currency balance in your Goldmoney Holding.
Account Withdrawal Fees
Goldmoney deducts a withdrawal fee from your currency balance before funds are sent to your bank account. These fees are charged by our banks and passed on to you. We transparently disclose these fees to you before each transfer is approved.
Metal Payments and Business Tools
Goldmoney offers innovative tools for sending and receiving metal transfers. For businesses, we offer an invoicing suite that enables you to send invoices via email and receive payment in metal.
Bar Registration Fee
Goldmoney clients may register specific bars in their name with the vault custodian for a corresponding metal fee.
Physical Redemptions (Vault)
Physical redemptions from each vault can be arranged if you own 1 kilogram of gold or 1,000 ounces of silver.
An appointment will be made on your behalf, at which time you may visit the vault custodian with necessary paperwork to collect your metal. There is a one-time fee of 10 gold grams for each physical redemption.
Physical Redemption (Coins & Bars)
You may redeem cash or metal value to take physical delivery through our subsidiary Schiff Gold. A Schiff Gold representative can arrange for the purchase and shipment of sovereign coins and bars. There is no fee to redeem value from Goldmoney to Schiff Gold.