GoldMoney comes with great news to all their 22,000 existing clients, as well as for new ones. After several years of dealing with GoldMoney, we are very happy to learn their great efforts to always have a competitive gold & silver offer and further reduced storage fees; another solid move from a solid player in the precious metals market.
See their latest announcement here:
“For the most popular vaults – operated by VIA MAT in Hong Kong, Switzerland and the UK – we will lower gold storage fees by a third: from 0.18% to 0.12% p.a. We will also make it more attractive to store silver in Switzerland by lowering the silver storage fee there from 0.99% to 0.49% (0.39% for 50,000 ounces or more).
The minimum storage fee for gold, platinum and palladium will be only 0.001 grams per month from April (currently 0.1 grams). And for silver 0.001 ounces monthly (currently 0.2 ounces).
These reduced storage fees apply from 1 April 2013 and will first be deducted beginning of May (storage fees for March will be deducted at the beginning of April at the current rates).”
Read the complete announcement at GoldMoney here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.