1 Ounce Gold PRECIOUS METAL ACCOUNT

1 Ounce Gold PRECIOUS METAL ACCOUNT

This is a physical gold account, with holdings secured and insured stored at GOLDINVEST. There is always a right to physical delivery in available bars, with only the minting or production costs for the respective available product incurred. The holdings can alternatively be sold back at any time, quickly and easily. The gold account is available online. You can place orders via email or fax during business hours. The spread between buying and selling in the gold account is lower than for bars. Standard custody fees apply, which you can find in the precious metal custody section. The account is maintained on an ounce basis (31.1 grams per unit) and is 100% physically backed by fine gold held at GOLDINVEST GmbH in Vienna. This is special assets. GOLDINVEST GMBH only takes care of secure storage. An account statement is generated and sent by post once a year at the end of January. Purchases are viewable online in the customer account.

A sale of the item can only be carried out from the existing custody.

Example minting costs: (Percentage markup on precious metal value upon withdrawal)

1oz gold bar e.g.: Heraeus: 4%

A minimum order of 5 ounces of gold is required for the first purchase!