Feutures for Gold Investment

Asset protection
GoldMoney provides quarterly reports that verify the quantity of goldgrams is always equal to the amount of gold stored in the vault. Plus, external auditors complete periodic system reviews, with their annual report available to GoldMoney customers. All gold and silver is stored in a vault in Shepperton, England or Zurich, Switzerland owned and operated by VIA MAT International Ltd., and is insured by Lloyd's of London.

Fees
Unlike e-gold, who charge a gold storage fee of 1% per year (debited in monthly installments), GoldMoney only charges a fixed gold account fee of 0.1 gram per month (or 1.2 grams per year). This means that e-gold's costs are lower for gold holdings of under 120 grams (worth approximately $2,500), but GoldMoney is cheaper on larger holdings. For example a gold holding worth $1,000 would incur annual costs of $10 with e-gold but $25 with GoldMoney, while $30,000 would incur costs of $300 with e-gold but still only $25 with GoldMoney.