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Buy Platinum Bullion

Are you looking for a reliable way to buy platinum bullion? GoldRepublic offers you maximum security, quality and transparency. You invest directly in Good Delivery platinum bars from PGM-certified refineries, without the involvement of exchanges or ETFs. Your platinum is stored safely and VAT-free in high-security vaults in Zurich.

Buy platinum bullion with GoldRepublic

GoldRepublic guarantees you full legal ownership of physical platinum. Your holdings are stored in strictly secured vaults in Switzerland. Because your platinum is stored in customs warehouses in Switzerland, you do not have to pay any VAT on your platinum purchases.

This gives you a substantial 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, whenever you wish. 

Why buy platinum bullion?

Rare precious metal: Platinum is scarcer than gold or silver and is mined on average 30 times less than gold each year.

Corrosion-resistant: Thanks to its high resistance to oxidation and corrosion, platinum is exceptionally well suited to high-tech applications.

Industrial applications: A large part of global demand for platinum comes from applications in car catalytic converters, 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 ownershipt: You are one hundred per cent the owner of real platinum, not paper claims such as ETFs.

Platinum bars from PGM- (Platinum Group Metals) certified refineries

GoldRepublic works only 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 refinery to the vault.

Independent audits guarantee that the quantity and purity of your platinum always match your holdings. Your investment is tradeable worldwide and meets the strictest quality standards.

Insured and secure storage for platinum bullion

You do not need to physically collect the platinum bars you buy through GoldRepublic. The bars remain your full legal property but are stored safely and insured in high-security vaults in Zurich (Switzerland).

Through the GoldRepublic website, you get daily insight into the bar lists of these custodians, including the bar numbers of the bars held in the vaults and the total amount of platinum held collectively by all customers. You receive a daily email with your proof of ownership showing the current bar number(s)

Thanks to the annual independent audits carried out, you are guaranteed the presence of your platinum. These audits confirm that the platinum you have purchased is actually held in the vaults and whether 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 need to pay extra for this, the insurance is already included in the storage costs you pay monthly.

Frequently asked questions

Can I buy physical platinum without paying VAT in the UK?

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%).

Is buying physical platinum a good choice compared to other investments?

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.

Where can I safely buy platinum in the UK?

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.

Is buying physical platinum a sensible investment?

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.

Where can I buy platinum at the best price in the UK?

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.

What is the best way to buy platinum in the UK?

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.

What should I look out for when buying platinum in the UK?

Check purity (typically 999.5+), VAT treatment, dealer credentials, and certifications. Also verify storage arrangements, buyback guarantees, and whether ownership is independently audited.

How does a platinum buyback guarantee work in the UK?

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.

Is it safer to buy physical platinum or invest in platinum shares?

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.

How do I declare physical platinum on my UK tax return?

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.

Is now a good time to buy platinum, or should I wait?

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.

Can I store platinum myself in the UK?

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.

Is platinum a good hedge against inflation in the UK?

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.

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