INTRODUCING
Digital Precious Metals
PRODUCT DESCRIPTION
What are Digital Precious Metals
Digital Precious Metals are a simple and cost effective way to buy, manage and sell investment grade physical bullion in fractional and affordable quantities as small as 1 gram. Benefit from economies of scale inherent in partial ownership of institutional investment grade LBMA approved bars.
Buying gold coins and small bars offers a popular but costly way of doing so, however the price to buy or sell is typically 5 – 8% higher or lower respectively than the spot price of gold. Additionally, you also need to consider the cost of delivery and home insurance.
Buying Digital Precious Metals, securely stored and insured in an institutional grade vault(s) through Goldwise, avoids nearly all these costs.
KEY POINTS
What am I getting
Fractional
Buy & Sell fractional amounts of bullion bars
Ownership
Pool allocated & non-hypothecated with title ownership
Physcially Backed
Investment grade bullion bars endorsed by the LBMA & SGE
Ethically Sourced
Buy & Sell fractional amounts of bullion bars
Fully Segregated
Physically segregated from any other Vault stock
Secure Vaults
Stored in highly secure, top-tier, insured vaults
Duty Free
Stored in duty free Vaults, no VAT added
Audited
Audited & verified by an independent auditor
HOW IT WORKS
5 Easy Steps
We’ve made the process of Buying, Managing & Selling Digital Precious Metals quick, easy and intuitive
TYPICAL FEES
Trading & Vaulting Fees
Below are the fees you would be charged if you were Buying & Vaulting Digital Gold in London.
Fees may differ by Metal & Vault location, see our Fees Page for detailed information
Buy Fee
0.50%
Per Buy transaction
Based on the Precious Metal amount being bought
Vaulting Fee
0.15%
Annual Fee, Charged Monthly
Based on the average daily market value of your holdings per vault. Minimum fees apply
Sell Fee
0.50%
Per Sell transaction
Based on the Precious Metal amount being sold
Example: Based on the information above with no change to the investment valuation, an investment of £10,000 of Digital Gold stored in London, you would pay a Buy transaction fee of £50, a Vaulting fee per year of £15 (£1.25 per month) and a Selling transaction fee of £50 when you sold.
PRODUCT COMPARISON
Digital vs Bullion vs Alternatives
How do Digital Precious Metals compare against trading of physical bullion bars and coins or alternative products such as ETC/ETFs or Tokens? We compare all the options below
| Digital | Coins | Bars |
ETC/ETF (Active) |
ETC/ETF (Pasive) |
Tokens | |
|---|---|---|---|---|---|---|
|
Instrument The product and description |
Bullion Bars Investment grade |
Bullion Coins Investment grade |
Bullion Bars Investment grade |
IOU / Security 'Asset backed' |
IOU / Security 'Asset backed' |
IOU / Token 'Asset backed' |
|
Asset Backing What % of the product is backed by physical bullion |
100% |
100% |
100% |
<100% Derivatives can be up to 75% |
<100% Derivatives can be up to 25% |
<100% Derivatives can be used |
|
Transaction Fees The typical buy/sell fees added to the spot price of the metal |
0.50% |
5% - 15% |
3% - 10% |
0% - 0.75% |
£5.99 - 0.75% |
1.5% - 2.5% |
|
On-going Charges The typical annual storage or management fees |
0.15% |
0.65% - 2% |
0.65% - 2% |
0.65% - 1.25% |
0.12% - 0.95% |
0.95% - 2% |
|
Ownership Title ownership of the precious metals e.g. they're owned by you |
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|
Counter-party Risks What 3rd party risks you're exposed to |
|
|
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|
Delivery Option The product can be delivered or converted and delivered immediately or at a future date |
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The contents of the table are based on a range of sources and providers, details may vary and are for illustrative purposes only
PRODUCT RANGE
Choose a Precious Metal
Select the digital precious metal you want to learn more about from the list below