Our Prices

The Spargold Method

Save on precious metal purchases with Spargold! Our approach allows you to benefit from extremely favorable precious metal prices. We acquire large bars, such as 100g or 1kg gold bars, as well as 1000-ounce silver bars (31.1kg). The key advantage lies in the price per ounce, which is significantly lower for these large bars compared to smaller coins or bars. With Spargold, you acquire a small piece of a large bar, enabling cost-effective investment in precious metals.

Additional Cost Benefits

The precious metals we purchase and store are kept in a duty-free warehouse. This means that you do not have to pay value-added tax on gold, silver, and platinum. After a one-year holding period, you can also sell your precious metals tax-free.

Costs in Precious Metal Trading and Storage

Precious metals are mined or recycled and then processed by a refinery into a pure product. Subsequently, bars or coins of investment quality are produced in a mint. These physical precious metal products are then traded above the current market price. Costs for storage of precious metals include expenses for rent, security personnel, staff, audits, and insurance, among others. At Spargold, all costs associated with buying and selling are already included in the metal price. All costs required for storage are consolidated with the percentage-based storage fee.

Silver Storage

The storage of silver is generally more expensive than the storage of gold or platinum. This is because gold has a price per ounce about 80 times higher than silver. Therefore, 80 times more space is needed to store silver with the same value as gold. Hence, we have to charge a higher price for the storage of silver than for the storage of gold or platinum metals.