Automatic precious metal savings
Would you like to diversify your portfolio with precious metals? And grow your wealth without having to worry about it? With GoldRepublic's automatic savings plan, you can easily, flexibly and fully automatically build up a buffer in gold, silver and/or platinum. You determine the amount yourself, adjust your deposit effortlessly and are assured of secure storage in heavily secured vaults in Zurich.
✓ Save fully automatically, starting from just £50 per instalment
✓ Periodic deposits: every week, every two weeks or every month
✓ 50% discount on transaction costs when purchasing
✓ Choose from gold, silver and platinum
✓ Reduce, increase, pause or sell whenever you want
✓ You are the legal owner of the precious metal
How does our savings plan work?
- You open an account with GoldRepublic and set a regular savings amount. This can be as little as £50 per transaction (every week or every two weeks).
- You choose the precious metal (gold, silver or platinum) you want to save.
- Each month, the amount is automatically debited from your account.
- On the first working day, GoldRepublic purchases physical precious metal for you at the current market price.
- Your assets are immediately added to your GoldRepublic account.
- Your precious metal is stored securely in heavily guarded and fully insured vaults in Zurich.
You always have complete control over your savings plan at GoldRepublic. You can increase or decrease your monthly deposit whenever you want. Want to pause your savings plan or sell (part of) your saved gold, silver or platinum? All this is possible, at no extra cost.
| Saving gold | Saving silver | Saving platinum |
|---|---|---|
|
Save gold periodically at the current gold price. A fixed amount every month, which you can adjust or pause at any time.
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Expand your portfolio with silver every month. Save automatically at the current silver price and benefit from secure, heavily guarded storage in vaults in Zurich.
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Save platinum automatically at the current platinum price. With low transaction costs, secure storage and 100% legal ownership.
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Buying or saving precious metals: the differences
| Feature | Precious metal savings (savings plan) | Buying precious metals (one-off) |
|---|---|---|
| Frequency | Every week, every two weeks, or every month at a fixed time | At any time |
| Deposit | From $50 (per month) | From $50 (one-off) or one gram |
| Risk diversification | Yes, via dollar cost averaging | No, depending on entry point |
| Transaction costs | Buying: 0.5% per transaction Selling: 0% per transaction |
Buying: 1% per transaction Selling: 1% per transaction |
| Safe deposit box location | Zurich | Zurich, Frankfurt, or Amsterdam |
| Transaction | Automatic deposit | Manual deposit (take action yourself) |
| Flexibility | You decide when and how much you save, pause, or sell. | You decide when and how much you buy or sell. |
| Buyback guarantee | Yes | Yes |
| Ownership | Legal owner | Legal owner |
Why save precious metals?
Gold, silver and platinum have been regarded as a reliable store of value for centuries. Saving precious metals is therefore an interesting alternative to or a suitable supplement for traditional savings in a savings account.
Especially as inflation in the United Kingdom remains high, which is expected to continue in the coming years, this allows you to protect your assets against currency devaluation.
Advantages of saving in precious metals:
- Protection against inflation and central banks: while central banks can put extra money into circulation, this is not possible with precious metals such as gold, silver and platinum. Precious metals are a stable investment and protect your assets against inflation.
- Diversification of your portfolio: Adding physical gold or silver to your portfolio is a proven way to diversify. Precious metals often move differently from stocks and bonds and offer extra protection in times of economic uncertainty. In this way, you contribute to a crisis-proof and balanced accumulation of your assets.
- Optimal spread of purchase moments: by saving precious metals on a monthly basis, you benefit from the Dollar Cost Averaging effect: you sometimes buy at a high price, sometimes at a low price, which spreads the risk of price fluctuations and means you are not dependent on 'the perfect entry moment'. This reduces the impact of volatility on your portfolio.
- Automatic asset growth: with GoldRepublic's savings plan, you automatically save an amount in precious metals every month. This means you hardly have to worry about your assets, while they continue to grow steadily.
Costs: saving precious metals with GoldRepublic
Below you will find the rates for saving precious metals with GoldRepublic. The transaction costs are a percentage of the purchase amount and storage costs are paid on an annual basis and are exclusive of VAT.
| Gold savings | Silver savings | Platinum savings | |
|---|---|---|---|
| Buy | 0.5% | 0.5% | 0.5% |
| Sell | 1% | 1% | 1% |
| Storage costs | 0.5% | 1% | 1% |
Frequently asked questions
Can I have my saved precious metals physically delivered?
Yes, GoldRepublic can facilitate this. View our rates here and contact customer service about the options.
Is my precious metal safe?
Your saved precious metals are stored in a heavily secured vault in Zurich, Switzerland. Your gold is fully insured and 100% your property.
Can I adjust or pause my monthly contributions?
Yes, you have complete control. You can adjust your contributions, pause or stop whenever you want – at no extra cost.
How does the current price work?
Each month, your purchase is made at the current market price on the first business day of the month.
