If you are deliberating investing in precious metals from Oxford Gold Group, have you thought about how you will store them safely?
Finding the proper storage for your gold can be a very critical decision, given its significance in value. However, it need not necessarily be a complicated task or choice.
Because, the good thing is you have a sea of choices when it comes to storing precious metals, and one such option is picking vaulting services like GoldStackers. While choosing a vaulting service, there are a few factors that you should take into account.
This guide will help you pick a reliable gold vaulting option that will help you safely store the precious metals and let you understand the basics of how to invest in gold.
Precious Metals – What Are They?
Precious metals like gold and silver are omnipresent elements in any prudent investor’s portfolio. Since the beginning of time, precious metals have served many purposes besides wealth accumulation. From being a backup financial option to adding to the aesthetic elements, people are now investing in these metals for various reasons.
However, you must consider one crucial factor when investing in physical silver, gold, or platinum products: storage and safety.
Anyone who wants to own precious metals should examine every way they can safely store the products. And, perhaps one of the most secure options would be to keep the precious metals in a vault.
So how to find a reliable gold vaulting option to store your precious metals securely?
Choose a Trustworthy Vaulting Operator
Before you settle on an option, check whether the operator allocates and segregates bar and coin storage in the vaults. For example, vaulting services like Gold Stackers offer a custom-built vaulting facility with many personalised storage options.
As the safety and security of the precious metals are paramount, you must choose a vaulting option with better customisation and additional transaction services.
Check the Storage Services Offered By the Operator
So, how will you test the reliability of a vaulting service? Any operator who offers some of the best storage features will be a trustworthy partner when it comes to safekeeping.
Some of the must-have facilities you should look out for in gold vaulting services are:
- Online inventory
- Delivery options
- Gold bullion audits
- Private storage
- Allocated storage options
- Portfolio holding updates
- Financial year valuations
If the vaulting option you have in mind meets all these requirements, you can hand over your metals to them for secure storage without any second thoughts.
Different Cost and Pricing Options
Check whether the vaulting service provider is offering a straightforward and transparent payment option without any fine print. Remember, you must choose a gold vaulting option that you can maintain financially in the long run.
Some pricing options that you must check are:
- Buyback Prices
- Storage Fees for different metals
- Barring Fee
- Monthly Rates
- Subscription models & more
If you think that a monthly payment option is a better choice for your financial conditions, choose a storage option that gives you an affordable deal based on the value and size of the asset that you will be storing.
Besides the precious metals, safety is also a valuable asset when finding reliable storage services. So, choose a storage service offering easy and flexible options, customer-friendly interactions, and, importantly, an unbreakable vault.