Investors who are looking to invest in something less risky but bound to receive the returns are known to invest their money through precious metals. Gold Bullion International is a limited liability company that stores minerals such as gold; silver and platinum inside its vaults for investors both private and institutional chance to purchase and sell the minerals. It also offers a chance for investors to store their gold in the vaults with the investor’s aim to wait until the value of the mineral to appreciate in future and they claim their profits through the sale of these minerals.
The Gold Bullion International started its operations back in 2010 and has grown significantly ever since with their high standards of security, investors are bound to keep coming back for more of their services.
Where is the Gold Bullion International?
The Gold Bullion International has five different locations of vaults and the investors are allowed to choose their preferred option when it comes to storing the Gold. The five different locations are New York City (United States), near Melbourne (Australia), Salt Lake (United States), Zurich (Switzerland) and London (United Kingdom). All these separate locations contain vaults where these minerals are stored by their investors.
How to Invest in the GBI?
Investors looking to sell their minerals or purchase other minerals may do so through the Gold Bullion International. They have experts that are able to test if your mineral is legit and are able to measure the price of gold per ounce for you so that you are content with what you are buying or selling.
There is frequent auditing of the mineral holdings in the Gold Bullion International. The gold is sold in form of bars and the least investment acceptable in the Gold Bullion International is 25000 USD.
If you are an investor and want to invest with Gold Bullion International, you can do so either directly or you may opt to invest through a financial institution. If you do so directly, you just complete the desired forms, call to order the gold and wire funds to the Gold Bullion International. After this the Gold Bullion International will execute the trade for you. If you are to invest through a financial institution, the procedure is more or less the same and you can invest simply by using the same steps but the financial institution will carry out more of the proceedings. Whichever way you opt for, the gold will still be traded.
When trading, you are advised to first check the information on the gold price chart that shows the gold prices at that particular time. After this is when you can call and depending on your financial resources, you can select the amount of money you want to invest in directly proportional to the weight in gold.
Are there any charges in the GBI?
There are charges of storing your gold investment and insurance in their professional vaults. These fees are not published regularly but there is a certain charge depending on the weight of your investment. Clients may request to deliver precious metal holdings and if you want your investment to be shipped directly to your location, you will bear these charges. Other than that, the normal fees are generally for the storage and the insurance of your investment.
The prices of gold and other minerals do appreciate at rates that the Gold Bullion International calculates so that when you are investing, you are able to calculate your future earnings with ease.
How is the GBI Regulated?
The auditing of these precious metal holdings is done on a regular basis by their independent auditors, KPMG and its vaulting partners. Audits done by their vaulting partners are done on a daily basis whereas the independent auditors come to audit the Gold Bullion International on a quarterly basis. Investors rely heavily on these audit reports issued by both auditing parties to confirm on the level of their holdings.
The investors of Gold Bullion International are owners of their own gold and may hold the GBI responsible in case there is some sort of fraud with their investment. They have a legal right to their gold.
The gold stored in the Gold Bullion International is insured by Lloyds of London to ensure that your gold is more secure against other forms of risk.
The Gold Bullion International works together with other financial institutions to bring the services for trading close to their investors. Auditing done by KPMG is also accompanied by a gold bar Inspection Company that is independent of both The Gold Bullion Institution and KPMG. They offer reports after the auditing and inspection and incase there is an issue at hand; the issue is brought to the board of the Gold Bullion Institution.
The trading is done through gold bars or Bullion coins. Bullion bars come in many sizes that you are able to buy from private suppliers and investors. They trade slightly comparable to the world’s gold price with a slight premium of 4-8% that is recoverable through a discount when you sell the gold back to the dealers.
The London Bullion Market Association
Gold Bullion bars carry their value with gold weight; the bars weigh from a few grams to 12 kg’s. The Gold Bullion International’s main market place is in London. There are strict controls when they are accepting gold from the trade participants and have to strictly ensure integrity of the bullion.
The London Bullion Market Association is the center of gold trade and the Gold Bullion International recognizes the gold because it has a high face value when put up for sale. The gold bars in London are large and heavy, weighing up to 12 kilograms and 11 inches in length.
The Gold Bullion International is by far the most reputable store of gold or other precious metals in the world. It is recognized because of its highly professional secure vaults and large number of investors who actively store and trade their precious metals.
If you are an investor who wants to invest in Gold, the Gold Bullion International is one destination where you will find transparency and possible good return for your money when you invest in gold or the other precious metals.