Compare & Save! A List of the Most Reputable, Cheapest & Most Reliable Gold & Silver Dealers (+2K Views)

Lorimer Wilson June 1, 2017 Comments Off on Compare & Save! A List of the Most Reputable, Cheapest & Most Reliable Gold & Silver Dealers (+2K Views) 3,274 Views

Compare and save! Who is the most reputable, cheapest and most reliable precious metals dealer to buy your physical gold and silver from? There are hundreds of dealers touting their wares but when it comes to direct comparisons only a few rise to the top of the list. Here they are. Words: 262

The comments above & below are edited ([ ]) and abridged (…) excerpts from the original article by TrustableGold.com

When it comes to buying some, or buying more, gold and/or silver you will now know the competitive landscape and be in a better position to negotiate better terms with another dealer should that end up being your preference.

Name	Safety criteria Please click here for further information about our safety criteria.	Storage options	Estimated costs		Comments	Next steps
Name		Storage options	Purchase	Annual fee	Comments	Next steps
BullionVault Founded: 2003 Headquarters: London (United Kingdom) Clients: ca. 55,000 Total precious metals holdings and currency holdings of about USD 2 billion	Meets our safety criteria Please click here for further information about our safety criteria. Outright ownership of 100% gold Clients have full ownership of their gold. Insured, independent storage The vaulted gold is insured. The independent storage companies LOOMIS and Brinks are members of the LBMA. Storage options: London, New York, Singapore, Toronto, Zurich. Transparent, external audit Very high transparency, e.g. daily reconciliation of client gold holdings with formal bar list from vault operator; publication of audited accounts. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees can be found on the website of the provider. Trading each day 24×7 Clients can place buy and sell orders daily, around the clock (24×365). Outside of usual trading hours, trade volumes can be low and premiums high.	London New York Singapore Toronto Zurich	0.70 % Costs taken into account: Margin Commission New clients receive in addition 4g of silver for free. Detailed information regarding costs can be found in the review of BullionVault.	0.19 % Costs taken into account: Monthly minimum fee or Annual fee for storage of gold as a percentage of holdings (if higher than minimum fee) Detailed information regarding costs can be found in the review of BullionVault.	Gold, Silver BullionVault offers its customers Gold and Silver. 4 grams silver for free New customers of BullionVault receive an additional 4 grams of silver for free. Savings plans BullionVault’s Automatic Gold Investment Plan allows customers to buy gold regularly at the daily London price. Customers can set up monthly automatic payment or standing orders with their banks. The money a customer deposits into his/her BullionVault account will be used to purchase gold for his/her account automatically.	Review Next
GoldRepublic Founded: 2010 Headquarters: Amsterdam, The Netherlands Clients: ca. 3,000 Precious metals holdings: ca. 40 million euros	Meets our safety criteria Please click here for further information about our safety criteria. Outright ownership of 100% gold Clients have full ownership of gold. Insured, independent storage The vaulted gold is insured and stored by the independent storage companies LOOMIS or G4S. LOOMIS and G4S are both members of the LBMA. Storage options: Amsterdam, Zurich, Frankfurt. Transparent, external audit Very high transparency, e.g. daily reconciliation of client gold holdings with formal bar list from vault operator; publication of audited accounts. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees can be found on the website of the provider. Trading each day 24×7 Clients can place buy and sell orders daily, around the clock.	Amsterdam Frankfurt Zurich	1.80 % Costs taken into account: Transaction Fee Margin Detailed information regarding costs can be found in the review of GoldRepublic.	0.50 % Costs taken into account: Annual fee for storage of gold as a percentage of holdings Detailed information regarding costs can be found in the review of GoldRepublic.	Gold, Silver, Platinum GoldRepublic offers its customers gold, silver and platinum. AFM license GoldRepublic is based in the Netherlands and holds a license from the AFM (Dutch Authority for the Financial Markets). Savings plans GoldRepublic offers gold and silver savings plans starting from € 50,- per month. Gift accounts GoldRepublic offers one-off gift accounts starting from € 50,-.	Review Next
GoldMoney Founded: 2001 Headquarters: Jersey, British Channel Islands Clients: ca. 20,000 Assets under Management: ca. 1.4 billion US dollars	Meets our safety criteria Please click here for further information about our safety criteria. Outright ownership of 100% gold Clients have full ownership of their gold. Insured, independent storage The vaulted gold is insured and is stored by independent vault operators. Storage options: Hong Kong, London, Singapore, Toronto, Zurich. Transparent, external audit Internal audit of governance and internal controls by KPMG subject to ISAE 3402. No audit of holdings by accountant; holdings are made available to clients by vault operators. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees can be found on the website of the provider. Trading on business days 24h Clients can place buy and sell orders from Monday to Friday, around the clock.	Hong Kong London Singapore Toronto Zurich	2.19 % Costs taken into account: Commission Detailed information regarding costs can be found in the review of GoldMoney.	0.12 % Costs taken into account: Monthly minimum fee or Annual fee for storage of gold as a percentage of holdings if higher than minimum fee (based on fees for storage with VIA MAT) Detailed information regarding costs can be found in the review of GoldMoney.	Gold, Silver, Platinum, and Palladium GoldMoney offers its customers Gold, Silver, Platinum, Palladium. No selling fees Currently, GoldMoney does not charge any commissions or fees when the customer sells the gold. JFSC License GoldMoney is seated in Jersey, British Channel Islands, and holds a Money Service Business License from the Jersey Financial Services Commission.	Review Next
Hard Assets Alliance Founded: not available Headquarters: United States Clients: not published Assets under Management: not published	Meets our safety criteria Please click here for further information about our safety criteria. Outright ownership of 100% gold Clients have full ownership of gold. Insured, independent storage The gold is insured with Lloyds of London; the gold is stored with independent vault operators. Transparent, external audit Quarterly audit of precious metals holdings by an independent accounting firm. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees can be found on the website and in information materials of the provider. Trading on business days Business days: Days in which the NYSE is open for business. GBI aims to settle trades within two days after placing an order.	London New York Salt Lake City Singapore Sydney Zurich	2.63 % Costs taken into account: Margin Detailed information regarding costs can be found in our review of Hard Assets Alliance.	0.70 % Costs taken into account: Fee for storage of gold as a percentage of holdings Detailed information regarding costs can be found in our review of Hard Assets Alliance.	Gold, Silver, Platinum, Palladium Hard Assets Alliance offers its customers Gold, Silver, Platinum, and Palladium. Gold Savings Plan Hard Assets Alliance also offers MetalStream(tm), a Gold Savings Plan based on Vaulted Gold.	Review Next
GoldCore Founded: 2003 Headquarters: Dublin / Ireland Clients: ca. 4,200 Assets under Management: 200 million USD Employees: not published	Meets our safety criteria Please click here for further information about our safety criteria. Outright ownership of 100% gold Clients have full ownership of gold. Insured, independent storage Bars and coins are stored by ViaMat or Brinks, pool allocated. Gold is insured. Transparent, external audit Annual audit reports available on request. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees can be found on the website and in information materials of the provider. Trading during London business hours Trading during London business hours.	Delaware Frankfurt Hong Kong London New York Salt Lake City Singapore Zurich	3.75 % Costs taken into account: Margin Detailed information regarding costs can be found in our review of GoldCore.	1.00 % Costs taken into account: Fee for storage of gold as a percentage of holdings Detailed information regarding costs can be found in our review of GoldCore.	Gold, Silver, Platinum and Palladium GoldCore offers its customers Gold, Silver, Platinum and Palladium.	Review Next
GoldBroker Founded: 2008 Headquarters: Gzira, Malta (European Union) Clients: not available Assets under Management: not available	Outright ownership of 100% gold Clients have full ownership of gold. Insured, independent storage The gold is insured; the independent storage is conducted by Rhenus Logistics. Transparent, external audit The holdings are not audited nor published by the vault operator. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees can be found on the website of the provider. Trading on business days Clients can place buy and sell orders on business days. In case of a sale, the client posts a request online and is then contacted by an agent, so there is no fully automated process in place.	Singapore Zurich	2.00 % Costs taken into account: Commission Detailed information regarding costs can be found in the review of GoldBroker.	1.50 % Costs taken into account: Annual fee for storage of gold as a percentage of holdings, subject to a minimum fee. Detailed information regarding costs can be found in the review of Gold GoldBroker.	Gold, silver GoldBroker offers its customers gold and silver.	Review Next
Bullion Management Group Founded: 2002 (BMG BullionBars was launched in 2008) Headquarters: Toronto, Canada (additional offices in Vancouver and Hong Kong) Clients: Ca. 20,000 Assets under Management: About 335 million Canadian dollars, whereof about CDN dollars 46 million in BMG BullionBars	Outright ownership of 100% gold Clients have full ownership of their gold. Insured, independent storage The gold is insured; The Bank of Nova Scotia is acting as custodian. Transparent, external audit Each month, ScotiaMocatta issues a report to BMG listing the bars added to or removed from the vault; The BullionBars list from custodian ScotiaMocatta is published on BMG‘s website. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees are not completely transparent on the provider’s website. Trading on business days BMG executes buy or sell orders on business days through a BMG Authorized Dealer.	Hong Kong New York Toronto	4.39 % Costs taken into account: Margin Detailed information regarding costs can be found in our review of Bullion Management Group.	n/a No information on prices available.	Gold, Silver, Platinum Bullion Management Group offers its customers Gold, Silver, and Platinum.	Review Next
Everbank Founded: Origins date back to the 1960s Headquarters: Jacksonville, FL, USA Clients: ca. 600,000 Assets under Management: Deposits of USD 17.6 billion	Outright ownership of 100% gold Clients have full ownership of gold. Insured, independent storage Not specified, gold is held by third party repositories within or outside of the US as determined at Everbank’s sole discretion. Transparent, external audit No published audit of precious metals holdings. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees are not completely transparent on the provider’s website. Trading on business days Trading on normal business days.	Not specified	n/a No information on purchase prices available.	1.50 % Costs taken into account: Annual fee for storage of gold as a percentage of holdings Detailed information regarding costs can be found in the review of Everbank.	Gold, Silver Everbank offers its customers Gold and Silver. Storage not specified Storage location not specified, in or outside of the US.	Review Next
The Anglo Far-East Company Founded: 2001 Headquarters: Panama City Registered office in Zug, Switzerland Clients: Not published Assets under Management: Not published	Outright ownership of 100% gold Clients have full ownership of their gold. Insured, independent storage The vaulted gold is insured; use of trustee company and one or more specialist high security storage facilities. Transparent, external audit Publication of audit information, only for clients or prospective clients. Optional delivery Clients can request delivery of their gold for an additional fee. Price transparency Costs and fees can be found on the website of the provider. Medium liquidity Clients can place buy orders online daily around the clock; Spot price of next trading session.	Zurich	Minimum investment: USD 100,000.-		Gold, Silver The Anglo Far East Company offers its customers Gold and Silver. Free storage for 7 years No storage fee for the first 7 years of storage.	Review Next

Last update: 01.03.2017

When it comes to buying some, or buying more, gold and/or silver you now know the competitive landscape and are in a better position to negotiate better terms with another dealer should that end up being your preference.

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