You do not need to physically take possession of the precious metals you purchase through GoldRepublic. They are stored in highly secure, independent external vaults in the Netherlands, Switzerland or Germany. Find out here how storage works and how you benefit from optimal security and insurance.
At GoldRepublic, your precious metals are physically stored in highly secure, independent vaults in Amsterdam, Zurich or Frankfurt.
Although your purchased gold, silver or platinum is in storage, you retain 100% legal ownership (custody) of your precious metals.
Unlike home storage, where risks such as burglary, theft or fire are real and insurance does not always provide sufficient cover, at GoldRepublic you benefit from professional security, continuous monitoring and control.
The vaults are managed by independent vault custodians such as Brink's and Loomis. They maintain daily inventory lists and publish them so that you can verify at any time that your gold, silver or platinum is actually stored in the vault. You will also receive a daily email with your proof of ownership and bar number(s) for the precious metal you have purchased through GoldRepublic.
In addition, external audits are conducted periodically by reputable accounting firms, which check the physical stocks and compare them with the digital records. Thanks to this combination of daily transparency and independent checks, GoldRepublic offers a high degree of security and openness.
Your purchased and stored precious metals are fully insured against damage and theft. The insurance is included in the storage costs you pay. The insurance policies can be viewed on our website.
At GoldRepublic, you pay transparent and competitive rates for the storage of your precious metals. The annual storage costs are 0.5% for gold and 1% for silver and platinum, calculated on the total market value of your holdings.
These costs cover professional storage in highly secure, independent vaults, including insurance against theft and damage. Read more about our rates here.
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Your precious metals are stored in high security fully insured vaults operated by independent custodians in Amsterdam Frankfurt or Zurich. You can choose your preferred storage location when opening your account. Your holdings are always physically present and legally owned by you fully segregated from GoldRepublic’s own assets.
The annual storage costs at GoldRepublic are calculated as a percentage of the value of your stored precious metals and include full insurance coverage. The exact rates vary depending on the type of metal and can be found on the pricing page. Fees are charged monthly based on the average value of your holdings.
Yes all precious metals stored with GoldRepublic are fully insured against theft loss and damage. This insurance is included in the storage fees and covers the full market value of your holdings. The vaults are managed by specialised independent custodians such as Loomis or Brinks.
The main difference lies in the VAT treatment. When stored in Zurich Switzerland or Frankfurt Germany silver and platinum can be purchased VAT free through a bonded warehouse structure. When stored in Amsterdam VAT applies to silver. For gold there is no difference as investment gold is VAT exempt across the UK and EU.
Yes the physical presence of all stored precious metals is regularly verified by independent auditors. These audits ensure that every gram of metal is physically present in the vault. In addition you can view your holdings at any time through your online account.
Whether you pay VAT on silver and platinum depends on your chosen storage location. When stored in Zurich or Frankfurt the metals are held in a bonded warehouse and are therefore not subject to VAT. If you choose storage in Amsterdam VAT applies to silver. Investment gold is VAT free in all locations.
Changing your storage location is generally not possible after you have purchased precious metals. In certain cases this may be arranged via customer support but additional costs will apply. Please contact customer service to discuss the available options.
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