Are you looking for a reliable way to buy physical platinum? GoldRepublic offers you maximum security, quality and transparency. You invest directly in Good Delivery platinum bars from PGM-certified smelters, without the intervention of exchanges or ETFs. Your platinum is stored securely and VAT-free in heavily secured vaults in Zurich.
GoldRepublic guarantees you full legal ownership of physical platinum. Your assets are stored in highly secure vaults in Switzerland.
Because your platinum is stored in customs warehouses in Switzerland, you do not have to pay VAT on your platinum purchases. This gives you a significant financial advantage.
Your platinum always remains your private property, separate from banks and brokers. Would you like to cash in your position? Thanks to the buy-back guarantee, you can sell your platinum to GoldRepublic at the current platinum price at any time.
Why buy platinum?
Rare precious metal: Platinum is scarcer than gold or silver and is mined on average 30 times less than gold per year.
Corrosion resistant: Thanks to its high resistance to oxidation or corrosion, platinum is extremely suitable for high-tech applications.
Industrial applications: A large part of the global demand for platinum comes from applications in catalytic converters for cars, in the medical sector (implants), electronics and hydrogen technology.
Alternative to gold: Platinum is not only an investment for your portfolio, but also a popular precious metal for luxury jewellery.
Physical ownership: You are the 100% owner of real platinum, not paper claims such as ETFs.
GoldRepublic only works with internationally recognised producers of platinum bars with Good Delivery status. Each bar has a minimum purity of 99.5% and a unique serial number and goes directly from the smelter to the vault.
Independent audits guarantee that the quantity and purity of your platinum always correspond to your holdings. Your investment is globally tradable and meets the strictest quality standards.
You do not need to physically take possession of the platinum bars you purchase through GoldRepublic. The bars remain your legal property, but are stored securely and insured in high-security vaults in Zurich (Switzerland).
The GoldRepublic website provides you with daily insight into the bar lists of these custodians, including the bar numbers of the bars stored in the vaults and the total amount of platinum held by all customers combined. You will receive a daily email with your proof of ownership and current bar number(s).
Thanks to annual independent audits, you are guaranteed the presence of your platinum. These audits confirm that the platinum you have purchased is actually in the vaults and that GoldRepublic's records are complete and accurate. You can view these audit reports yourself on our website.
Your platinum is insured against loss, damage and theft. You do not have to pay extra for this; the insurance is already included in the storage costs you pay each month.
Yes, you can avoid paying VAT on physical platinum if it is stored in a bonded warehouse or free trade zone outside the UK (e.g. Switzerland). Because the metal does not formally enter the UK, it is treated as an export and not subject to UK VAT (currently 20%).
Platinum can diversify a portfolio because it behaves differently from equities or gold. While gold is mainly a monetary safe haven, platinum is also driven by industrial demand, making it more cyclical and potentially higher risk but with growth potential.
Buy from reputable UK precious metal dealers regulated by the FCA (or equivalent standards) and dealing in LBMA-certified metals. Platforms that also offer secure third-party storage reduce risks associated with home delivery and storage.
It depends on your investment strategy. Platinum is rarer than gold and is mined in much smaller quantities. It also has strong industrial demand (e.g. automotive and hydrogen sectors). However, it is more volatile than gold, meaning higher risk and larger price swings.
Compare the spread (difference between buy and sell price) and whether VAT applies. Online providers offering VAT-free storage in secure vaults often provide more competitive pricing due to lower distribution costs.
Choose a trusted, regulated dealer with proper certifications. If platinum is stored outside the UK in a bonded facility, you can avoid the 20% VAT. If delivered and stored in the UK, VAT will usually apply.
Check purity (typically 999.5+), VAT treatment, dealer credentials, and certifications. Also verify storage arrangements, buyback guarantees, and whether ownership is independently audited.
A buyback guarantee means the provider will repurchase your platinum at the current market price. In the UK, reputable platforms typically settle proceeds within 1–2 working days, ensuring liquidity without needing to find a buyer yourself.
Physical platinum provides direct ownership without counterparty risk. Shares or ETFs depend on company performance and market liquidity. Physical ownership is generally preferred for long-term wealth protection, while shares may suit short-term speculation.
In the UK, physical platinum is generally subject to Capital Gains Tax (CGT) when sold at a profit (unlike UK legal tender gold coins, which can be CGT-free). You must declare gains above the annual CGT allowance to HMRC.
Platinum prices have recently been relatively high. While waiting for a dip may seem attractive, timing the market is difficult. Many UK investors use regular investing (pound-cost averaging) to reduce timing risk.
Yes, you can store platinum yourself, but this removes certain benefits such as insured vault storage and may affect resale convenience. You may also incur additional costs for insurance and secure storage.
Yes, platinum—like gold and silver—has intrinsic value and can help protect against inflation. As a scarce resource, it cannot be printed like fiat currency, though its performance also depends on industrial demand.
Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic
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