As we have seen, it is a good idea to keep your bullion safely in a secure vault. If you do so there are naturally charges to be paid but they need not be onerous.
Respected independent vaults, separate from the refiners themselves, offer another layer of security for investors. BullionRock Invest, for example offers investors storage in Guernsey vaults or the option to have their bars stored in Switzerland.
Their charges are less than many and are:
Gold, Platinum and Palladium storage costs are 0.35% p.a.
- charged monthly in arrears on the value of the assets held and subject to a minimum charge of $10 per metal month
Silver storage costs are 0.50% p.a.
- charged monthly in arrears on the value of the assets held and subject to a minimum charge of $10 per month
For further details of the Guernsey vault storage, please click HERE
The charges include: