BullionVault gives private investors around the world access to the professional bullion markets. You can benefit from the lowest costs for buying, selling and storing gold and silver.
Because of our size, you benefit from the low storage costs we have negotiated, which always include insurance. You can sell at any time, without penalty, and your money will be wired the next business day. You can also withdraw your bars.
BullionVault is also quick and easy. On this page you'll learn who we are , then why we exist , and how we get you the best bullion at the cheapest prices. It's free to open an account and registration takes less than a minute.
Overcame key technological hurdles to link securely an investor's name with his or holding, stored in a vault in London, New York, Singapore BullionVault was set up to solve two problems that made it very difficult for private individuals to buy, store and sell gold in a simple, safe and cost-effective way. Private individuals didn't have access to the professional bullion market. The best prices for gold and silver are available on the professional bullion market, where dealers, refiners, government agencies and bullion banks trade.
The silver bars weigh 1, oz. Private individuals didn't have access to professional vaults. The large starting balance tends to make the system inaccessible to private customers. With BullionVault you can access the professional market and buy part of a good delivery bar - or even whole bars. You'll benefit from the same low costs for buying and storing as the professionals, and you'll be participating in the deepest pool of physical gold and silver liquidity in the world.
All BullionVault gold and silver is good delivery , which is the purest and most trusted form of bullion. It commands the highest prices when you sell. BullionVault metal is held fully allocated to BullionVault users. It is insured, and stored in your choice of location.
The bullion is your legal, physical property. No-one matches our dealing or storage charges. BullionVault is the world's biggest online bullion market. Economies of scale mean you can buy, sell and store gold and silver at close to wholesale prices. The professional good delivery system gets you big savings, and so too does the internet. BullionVault connects buyers and sellers from all over the world. They can all quote prices to each other when they wish to buy or sell; and so can you.
Like any exchange this price competition forces everyone - including BullionVault itself - to quote highly competitive prices, and you always get the best quoted price, from whoever is quoting it. The cost of ownership for the average BullionVault user who buys gold through our order board and owns it for 5 years works out at 0. It's tempting to think something is only safe when we look after it ourselves. But insurers rate privately held gold as very high risk, so arranging insurance is both difficult and expensive.
According to the insurance actuaries who evaluate them the professional bullion vaults are the safest place in the world to store gold, so insurance costs much less. We include it in your storage fee, which saves you money and a great deal of time. This means you'll get the best price no matter which currency you prefer. The annual management cost of the major ETFs is 0.
Allocated storage at a bank would usually cost around 10 times our allocated storage rate. Commission for order board trades. You'll have seen the current prices for buying gold, and selling, on our front page.
Where do our gold, silver and platinum prices come from? They come from other BullionVault users, just like you. BullionVault offers a marketplace exchange in accredited, pre-vaulted, privately owned, professional market bullion. You get to deal directly with another user who wants to sell when you want to buy, and vice-versa.
You both save money by cutting out the middleman, both when you buy and when you sell. You'll check the price on a price chart , choose your own dealing limit price, and enter your order. Our website makes using an exchange very simple and safe for you, and people from all over the world have quickly got the hang of it and empowered themselves to deal gold cheaper. Open exchanges and competing quotes get you better prices. That's why we do it this way. But if you're a bit nervous just call us.
We're more than happy to help you through your deal on the telephone. BullionVault offers you exceptionally reliable and deep liquidity through four complementary channels.
The best price is usually offered by another BullionVault user. You deal direct with them, cutting out the middleman to your mutual advantage.
That means you'll trade directly with BullionVault itself — via one of our robots. Robots are subject to the same limitations as you, which means they can only sell what they already own physically in the vault, or buy with their cleared cash balance. You buy from them, or sell to them, just like you would directly with another client, but only while they offer a better price. It's as simple as that.
Clients with an interest in computer programming often develop robots for themselves and use them to trade like professional dealers. This brings yet more liquidity to the marketplace. Sometimes, like on the day Lehman Brothers went bust, clients acquire all the immediately available stock from our robots.
Although we immediately buy new stock to replace what was sold it takes 48 hours to be delivered, and because the gold is not yet in the vault the robots have no stock to sell. At such times you benefit enormously from the access BullionVault gives you to the liquidity of the full depth of the London market.
These prices represent the deepest daily pool of bullion market liquidity in the world — typically restricted just to professionals, which is why you access it through us.
We allow you to buy or sell as much gold as you want at the daily price, and we take onto our own stock the rounded up fraction of a oz bar. Finally we offer a special service for larger clients.
They can telephone deal through us directly on the London Spot Market. During the London trading day they can deal whole bars of gold oz multiples , half pallets of silver 16, oz multiples or a minimum of 16 kg of platinum at the world market price. You might not realise how this service for wealthy customers contributes to your liquidity; but it does. Suppose a wealthy client had oz of gold in BullionVault already, but with heavy demand from buyers there were few offers on the Order Board.
The cheapest gold on BullionVault would start to drift above the world market price, as bidders bid over the world price. But the wealthy client can execute a spot market order to buy at the world market price, and offer the gold they already own in the vault to other BullionVault users for a small but easy profit. That's natural market forces being used to keep liquidity flowing at fair prices — and it works on BullionVault because anyone who can make settlement to the main market, in whole bars, can use the main market as a source or sink of bullion.
We believe the best way to offer you highly reliable and fairly priced liquidity is to open channels to the largest number of market participants and back it up with access to the deepest markets.
Most of our competitors provide you with a single counterparty — themselves — and this reflects in their pricing. So if reliable liquidity at fair prices is what you are looking for, then BullionVault sets the standard. Main market trades in options 3 and 4 incur a two business day settlement delay and have a different fee structure.
Please see the tariff. An inbound or outbound armoured delivery is run whenever there are several bars to collect or deliver. Usually this is about twice a week. BullionVault itself is the main user of this open-ended structure, which lets us manage our own inventory to act as a buffer between the smaller investment sizes typical of retail investors, and the larger settlement quanta of the professional bullion market.
However any BullionVault user who wishes to make or take delivery of 1 bar of gold oz , a half pallet of silver 16, oz or a minimum of 16 kg of platinum can use the same open-ended nature of the system by settling their professional spot market trades directly into or out of the vault. BullionVault prices can be compared reliably against the published spot price.
Our gold buying and selling prices are usually well within 0. Although storing coins and small bars at home is free, it is not usually the wise geopolitical option. You will probably need to arrange your own insurance. For gold this is likely to be 10 times as much as BullionVault's combined storage and insurance fee of 0. With ETFs, you never actually own physical gold. According to their trust deeds some ETFs are not even backed by gold; they are designed to track the gold price using complex derivatives.
At BullionVault, we don't make something complex out of something simple. You own your gold. With ETFs, you would pay a storage fee of around 0. At BullionVault, storage and insurance costs just 0. The ETF manager chooses the jurisdiction — you don't.
At BullionVault, we believe a choice of storage jurisdictions is important — as is the ability to switch. We let you choose. ETFs are traded on major stock exchanges, which tend to be open 8 hours a day, 5 days a week.
They settle to your stockbroker in two or three days, who then settles with you. A requested withdrawal to your bank account will usually be sent and arrive the following business day.
Acting through the Chief Executive the BullionVault Board directs company policy to be implemented by the management team.More...