Inside the Gold Bullion Market
Ranked #20,921 in Business & Work, #384,992 overall
The Professional Gold Bullion Market Barrier
A London Good Delivery Bar
Weight: ~ 400 Troy Oz (12.44 kg)
Length: ~ 11 inches (28 cm)
Purity: > 99.5%
For more information about investing in gold, click here to visit our World Gold and Silver bookstore.
World Gold and Silver proudly presents BullionVault© - the foremost direct gold ownership service in the world that offers a combination of safety, value, accessibility, and transparency.
The BullionVault© portal enables private individuals and active traders direct access to the most competitive gold prices of Good Delivery bars in the world, once only enjoyed by participants in the professional bullion market.
ARTICLE
It used to be very difficult for private individuals to find a simple, safe and cost effective way of buying, storing, and then selling gold. The main problem was the sheer size of the investment you needed to make to access the best prices - and there were extra complications with integrity and storage too.
Participants in the professional bullion market, such as large gold dealers, refineries, government agencies and bullion banks enjoy the most competitive gold prices in the world.
This professional market only deals in what are known as Good Delivery Bars. If you're not trading these bars, you are from their market - and their very competitive prices.
Good Delivery bars are cast by a small group of metals refiners accredited by th eprofessional bullion dealing communities. In London, New York, and Zurich. They are accurately assayed and guaranteed always 99.5% pure gold or better. The market trades their pure gold content, known as fine gold, so you don't pay for the impurities.
From the day they're first manufactured, Good Delivery bars are kept in bullion vaults recognized and monitored by the local gold dealing community. Every time bars are moved a careful record is maintained, showing continuous storage through trusted hands. This guarantees gold bar integrity in a way that keeping gold at home, or even in safety deposit boxes, simply cannot match.
The result is that professional buyers accept deliveries of these bars direct from the seller's vault without re-checking their purity - and that greatly reduces bullion dealing costs. This is why they're call Good Delivery bars.
Good Delivery bars are large - usually 400 troy ounces each (12.4kg). The professional market doesn't allow you to own part of a bar.
But having enough money to buy a whole bar or two would only solve half the problem. You still need that relationship with a formally recognized vault to look after the gold while you own it. The starting balance for an accredited storage account is 15 to 20 of these 400-ounce bars, and the agreements take a lot of time, cost and effot to set up.
These barriers keep private users out - Until now!
Weight: ~ 400 Troy Oz (12.44 kg)
Length: ~ 11 inches (28 cm)
Purity: > 99.5%
For more information about investing in gold, click here to visit our World Gold and Silver bookstore.
World Gold and Silver proudly presents BullionVault© - the foremost direct gold ownership service in the world that offers a combination of safety, value, accessibility, and transparency.
The BullionVault© portal enables private individuals and active traders direct access to the most competitive gold prices of Good Delivery bars in the world, once only enjoyed by participants in the professional bullion market.
ARTICLE
It used to be very difficult for private individuals to find a simple, safe and cost effective way of buying, storing, and then selling gold. The main problem was the sheer size of the investment you needed to make to access the best prices - and there were extra complications with integrity and storage too.
Participants in the professional bullion market, such as large gold dealers, refineries, government agencies and bullion banks enjoy the most competitive gold prices in the world.
This professional market only deals in what are known as Good Delivery Bars. If you're not trading these bars, you are from their market - and their very competitive prices.
Good Delivery bars are cast by a small group of metals refiners accredited by th eprofessional bullion dealing communities. In London, New York, and Zurich. They are accurately assayed and guaranteed always 99.5% pure gold or better. The market trades their pure gold content, known as fine gold, so you don't pay for the impurities.
From the day they're first manufactured, Good Delivery bars are kept in bullion vaults recognized and monitored by the local gold dealing community. Every time bars are moved a careful record is maintained, showing continuous storage through trusted hands. This guarantees gold bar integrity in a way that keeping gold at home, or even in safety deposit boxes, simply cannot match.
The result is that professional buyers accept deliveries of these bars direct from the seller's vault without re-checking their purity - and that greatly reduces bullion dealing costs. This is why they're call Good Delivery bars.
Good Delivery bars are large - usually 400 troy ounces each (12.4kg). The professional market doesn't allow you to own part of a bar.
But having enough money to buy a whole bar or two would only solve half the problem. You still need that relationship with a formally recognized vault to look after the gold while you own it. The starting balance for an accredited storage account is 15 to 20 of these 400-ounce bars, and the agreements take a lot of time, cost and effot to set up.
These barriers keep private users out - Until now!
Direct Access to the Very Best Gold Prices at BullionVault
For more information about investing in gold, click here to visit our World Gold and Silver bookstore.World Gold and Silver proudly presents BullionVault© - the foremost direct gold ownership service in the world that offers a combination of safety, value, accessibility, and transparency.
The BullionVault© portal enables private individuals and active traders direct access to the most competitive gold prices of Good Deliverybars in the world, once only enjoyed by participants in the professional bullion market.
ARTICLE
BullionVault© enables people from all over the world to own professional market gold and keep it in any quantity in officially recognized bullion vaults in London (UK), New York (USA), or Zurich (Switzerland).
All BullionVault© gold is held in Good Delivery form. So when you come to sell, your buyer is able to trust the purity and weight of your gold, which i guaranteed by BullionVault© itself because we know that you never had the change to corrupt it.
The dealing spread is typically 0.4%, about one-tenth of the equivalent cost charged to private customers for gold coins and small bars.
You can buy just a small portion of a 400-ounce bar. You can trade on-line in increments as small as 1 gram - currently about $30.
BullionVault© is not a unit trust/mutual. There is no 5% front end subscription load. When buying gold you pay a commission whose maximum rate is 0.8%, falling progressively when you invest above $30,000 to the spectacularly low rate of 0.02%.
Storage charges are down to wholesale rates of 0.12% pa ($4 per month minimum) with insurance included. That's less than a tenth of the storage fees charged by retail banks, and less than one-third the annual fees charged by typical exchange-traded gold funds (ETF's).
BullionVault© customers also save money becasue they deal directly with each other, willing seller to willing buyer, by using our order board.
You make a further big saving at settlement time too. You don't have to arrange for expensive armoured courier bullion collections.
Your Safety and Security Assured at BullionVault
For more information about investing in gold, click here to visit our World Gold and Silver bookstore.World Gold and Silver proudly presents BullionVault© - the foremost direct gold ownership service in the world that offers a combination of safety, value, accessibility, and transparency.
The BullionVault© portal enables private individuals and active traders direct access to the most competitive gold prices of Good Delivery bars in the world, once only enjoyed by participants in the professional bullion market.
ARTICLE
For as long as you own it your gold remains your outright property, stored in specialist facilities reserved exclusively for BullionVault© clients and run by accredited professional vault operators who are wholly independent of BullionVault©. You choose the storage location :- London, New York or Zurich.
You are truly isolated from the systemic risks in the financial system. You have taken legal delivery of your gold and you own it directly in physical form. Unlike the huge majority of investment products no company's financial failure can deprive you of this gold. Lloyds, Via Mat and BullionVault© could all fail - and your gold is still safely yours.
Each and every working day BullionVault© publishes on the internet the complete register of all its gold owners - with each owner listed under a public nickname (See public nickname) known only to themselves.
This register reconciles exactly to the official bar list (See bar list) published with it. The bar list is produced by the vault operator, independently of BullionVault©. No other custody business in the world subjects its records to this continual, daily, public scrutiny.
BullionVault© is also the only gold market in the world which stays open 24 hours a day, 7 days* a week.
Because you and all other BullionVault© users have a right to sell whole bars directly onto the main market - one of the deepest capital markets in the world - you'll always find a buyer paying a fair price when you want to sell.
You even have the right to withdraw gold from the vault, although the huge majority of BullionVault© users leave their gold right where it is. That way they continue to enjoy the benefits of owning Good Delivery gold which - remember - does not leave the professional vaulting circuit. (There may be additional fees, taxes and reporting obligations for bullion withdrawal. Refer to the article Right of Withdrawal of Your Gold from BullionVault.)
Any purchase you make is settled instantaneously - we checked the seller had sufficient gold in your chosen vault before it was sold to you. Any sale you make is settled instantaneously too - again we checked the buyer had deposited sufficient money before your gold was bought from you. BullionVault© offers nobody credit, so nobody can let you down after you deal.
You can withdraw your money immediately after you sell. Your money will leave your BullionVault© client account by the end of the next business day (London time). There is no minimum period for investing.
For your safety - and to obey international anti-money laundering laws - your money is sent straight back to your original funding bank account. Money transmissions to your original funding bank account are fast, safe and low-cost.**
And we make sure you can't make an expensive mistake either. You won't be able to buy more gold than you can pay for, or deal at a silly price. Firstly that's because the system eliminates all of these obvious user errors, but it's also because we invite you to phone us, and we'll talk you through your first deal one button at a time. We check that everything is exactly as you want it while you're still on the phone. You'll be amazed how simple it is.
This combination of safety, value, accessibility, transparency and service has quickly attracted 40,000 users. It's created a private bullion store owned by the citizens of 83 countries and worth more than $220m, making BullionVault© the most popular direct gold ownership service in the world.
* BullionVault© sometimes close the order board for a few hours at weekends, for maintenance.
** Where commercial or political concerns dictate it, your money may be returned to another bank account, but only at your instruction and only subject to extensive identity and security procedures.
Right of Withdrawal of Your Gold from BullionVault
For more information about investing in gold, click here to visit our World Gold and Silver bookstore.World Gold and Silver proudly presents BullionVault© - the foremost direct gold ownership service in the world that offers a combination of safety, value, accessibility, and transparency.
The BullionVault© portal enables private individuals and active traders direct access to the most competitive gold prices of Good Delivery bars in the world, once only enjoyed by participants in the professional bullion market.
INFORMATION
You have a right of withdrawal of your gold from BullionVault©, but you acknowledge BullionVault© is not designed primarily as a service for those who wish to take physical possession of bullion.
Your wish to withdraw bullion will be accommodated only in the form of whole numbers of appropriate bars of varying sizes and, of generally accepted bullion coins, to be selected at BullionVault's© discretion.
The withdrawal fee for Good Delivery bars will be not more than 2.5% of value.
The withdrawal fee for other gold will be not more than 7.5% of value.
To make physical withdrawals you will be required to provide reliable forms of identification and may in addition be required to indemnify BullionVault© against identity fraud through the purchase of appropriate insurance.
You understand that you cannot claim withdrawal directly from ViaMat. Your right to withdrawal is to be effected through BullionVault©who have the means and responsibility for identifying you reliably. Depending upon the quantity withdrawn you may be required to identify a local bank or equivalent institution to which your gold can be delivered.
Upon withdrawing bullion you accept that you may lose anonymity where these transactions are monitored by appropriate authorities.
Upon withdrawing bullion you accept that you may become liable to taxes which you would otherwise not become liable to, and you permit BullionVault©to deduct those taxes appropriately.
Investing in Gold
The Case for Investing in Gold Bullion Today
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge or safe haven against any economic, political, social or currency-based crises. These crises include investment market declines, inflation, war and social unrest. Investors also buy gold during times of a bull market in an attempt to gain financially...
Gold Price Chart
Top Quality - Interactive - Real Time
Click here to access our gold price charting application that runs in real time and updates automatically, with the capability to display preferred currency, date range, real-time (session), and export a .CSV file. Polls pricing of gold on every major global bullion market, during their respective hours of opertion. Currently, our chart is set to CDT (Central Daylight Time).Gold prices are based on the market bid. Spot price updates every 10 minutes! The spot price or spot rate of a commodity, a security or a currency is the price that is quoted for immediate (spot) settlement (payment and delivery).
Gold Price Chart User's Guide
Click chart to to view the most current spot price (please allow 15 seconds to load); then from the drop-down menu, perform the following:
- Choose Metal > Spot Gold or Spot Silver
- Select Style (Line or High-Low-Close)
- Select your Currency preference (USD-US Dollar, GBP-Pound Sterling UK, EVR "Evraz Gdr Industrial Metals & Mining Section/UK, JPY-Japanese Yen, AUD-Australia Dollar, CAD-Canadian Dollar, or CHF-Swiss Franc to view.
- Select Date Range preference (10 minutes, 1 hour, 6 hours, 1 day, 1 week, 1 month, 1 quarter, 1 year, 5 years, or 20 years)
- Select Real Time > Start-Session to begin or End your Session
- Select Export (optional) to export your results to a .CSV file
World Gold Council
Discover why...
According to the World Gold Council, gold offers a safe haven, and its value is more relevant than ever.
External Links to Gold-Related Web Sites
- World Gold and Silver - ebay Store
- The Goldenbar Library: International Markets and Economy
- Investing Advisors
- Bank for International Settlements
- International Monetary Fund
- Safe Haven Preservation of Capital
- The Gold Report: Featuring Investment Coverage of Precious Metals, Base Metals, and Gems
- Financial Sense: Uncommon News & Views for the Wise Investor
- Sharelynx: World's Largest Web Site on Gold, Silver & Precious Metals
- The Bullion Desk
Public Nickname
On BullionVault you have a public nickname, sometimes known as an alias.
It means everyone can see the size of your gold holding, but without knowing it's yours.
In fact the only person who knows your public nickname is you.
This allows us to list everyone's holdings publicly, yet anonymous
FULL DISCLOSURE
Terms and Conditions
PLEASE NOTE: World Gold and Silver believes it is only fair that we make full disclosure of the fact we will earn a commission if our readers fund his/her account at BullionVault© and starts to buy and sell gold.
According to the terms and conditions set forth by our representative agreement with BullionVault©, World Gold and Silver is entitled to receive a nominal commission for any accounts opened through this Web site. However, the diminutive dealing fees and storage charge you will pay for buying and selling gold at BullionVault© would be no smaller without it.
You also acknowledge that in order to track World Gold and Silver visitors BullionVault© will place a 2-month cookie on your computer system identifying World Gold and Silver as your representative - but only where (i) it is allowed by the browser settings and (ii) no pre-existing equivalent cookie referencing another representative is present.
World Gold and Silver and BullionVault© will not tolerate any abuse in its name of international "anti-spam" regulations. We hereby accept liability for ensuring our lists are up-to-date, "opt in" only, and fully compliant with data protection legislation.
If you respond to World Gold and Silver via e-mail or other correspondence, your comments or questions may be reproduced on this site. If you don't approve of this, please don't send an email with questions or comments to us, or state specifically in your e-mail that you do not want your information replicated on the site.
We respect your privacy and will never knowingly reproduce any personal information that would jeopardize your privacy.
According to the terms and conditions set forth by our representative agreement with BullionVault©, World Gold and Silver is entitled to receive a nominal commission for any accounts opened through this Web site. However, the diminutive dealing fees and storage charge you will pay for buying and selling gold at BullionVault© would be no smaller without it.
You also acknowledge that in order to track World Gold and Silver visitors BullionVault© will place a 2-month cookie on your computer system identifying World Gold and Silver as your representative - but only where (i) it is allowed by the browser settings and (ii) no pre-existing equivalent cookie referencing another representative is present.
World Gold and Silver and BullionVault© will not tolerate any abuse in its name of international "anti-spam" regulations. We hereby accept liability for ensuring our lists are up-to-date, "opt in" only, and fully compliant with data protection legislation.
If you respond to World Gold and Silver via e-mail or other correspondence, your comments or questions may be reproduced on this site. If you don't approve of this, please don't send an email with questions or comments to us, or state specifically in your e-mail that you do not want your information replicated on the site.
We respect your privacy and will never knowingly reproduce any personal information that would jeopardize your privacy.
DISCLAIMER
Content
The information contained on this Web site and from any communication related to this Web site is for information purposes only.
World Gold and Silver does not hold itself out as providing any legal, financial or other advice. World Gold and Silver also does not make any recommendation or endorsement as to any investment, advisor or other service or product or to any material submitted by third parties or linked to this Web site. In addition, World Gold and Silver does not offer any advice regarding the nature, potential value or suitability of any particular investment, commodity, or investment strategy.
The investment and services mentioned on this Web site may not be suitable for you. If you have any doubts you should contact an independent financial advisor. In particular some of the investments mentioned may not be regulated under the Financial Services Act 1986 or at all and the protection provided to you under this Act will not apply.
The material on this Web site does not constitute advice and you should not rely on any material in this Web site to make (or refrain from making) any decision or take (or refrain from making) any action.
This Web site contains links to other Web sites which are not under the control of and are not maintained by World Gold and Silver. World Gold and Silver is not responsible for the content of those sites. World Gold and Silver provides these links for your convenience only but does not necessarily endorse the material on these sites.
World Gold and Silver does not make recommendations for buying or selling. We make suggestions and it is up to our visitors to make their own decisions, or to consult with a registered investment advisor when evaluating the information on World Gold and Silver.
World Gold and Silver does not hold itself out as providing any legal, financial or other advice. World Gold and Silver also does not make any recommendation or endorsement as to any investment, advisor or other service or product or to any material submitted by third parties or linked to this Web site. In addition, World Gold and Silver does not offer any advice regarding the nature, potential value or suitability of any particular investment, commodity, or investment strategy.
The investment and services mentioned on this Web site may not be suitable for you. If you have any doubts you should contact an independent financial advisor. In particular some of the investments mentioned may not be regulated under the Financial Services Act 1986 or at all and the protection provided to you under this Act will not apply.
The material on this Web site does not constitute advice and you should not rely on any material in this Web site to make (or refrain from making) any decision or take (or refrain from making) any action.
This Web site contains links to other Web sites which are not under the control of and are not maintained by World Gold and Silver. World Gold and Silver is not responsible for the content of those sites. World Gold and Silver provides these links for your convenience only but does not necessarily endorse the material on these sites.
World Gold and Silver does not make recommendations for buying or selling. We make suggestions and it is up to our visitors to make their own decisions, or to consult with a registered investment advisor when evaluating the information on World Gold and Silver.
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