Storing Your Precious Metals
Many people don’t own physical precious metals because they don’t have a place to safely store them. We understand their concern. That is why we don’t just make it easy to buy precious metals. We also partner with world-class storage facilities (see FAQ “Where are my metals being stored?“) so clients who do not want to take delivery have a place to keep their assets safe.
The safety and security of what you own is important to you. That’s why it is important to us.
“I like the idea of owning gold and silver, but have never liked the idea of keeping it at home. Thanks OWNx for giving me the option to have you guys handle it for me!”Get Started Here!
Our partners are your partners, and your partners are fully insured, world-class, non-bank depositories.
Our clients’ metal is safely stored at world-class, non-bank depositories. Holdings are fully allocated and 100% insured by an all-risk policy underwritten by the world’s leading specialty insurance provider.
Your holdings are completely yours; 100% ownership. This means that they are not on the balance sheet of OWNx, the depository or any other entity. Not a single ounce is used as collateral or hypothecated in any way.
Our relationship with our depository partners goes beyond providing a place for our clients to store their metal. We have teamed with them to share technology that provides our clients with an added level of security and trust.
How much does it cost to store my precious metals?
There is a small monthly storage fee of 0.05% (that is five hundredths of one percent) of the value of your holdings. To make it easy, we simply deduct it from your gold or silver holdings automatically on the first of each month. For example, if you have 20 ounces of silver in your account, 1/100th of an ounce of silver is deducted from your account to cover the storage fee.