Gold, Silver and Platinum can be purchased and stored in the following ways:
Unallocated (unsegregated) Bullion:
- You have title to precious metal deposited in a metal account.
- You pay only the precious metal cost at the time of your purchase.
- You pay NO storage fees on this option.
Allocated (segregated) Coins or Bars (Gold and Silver only - this does not include Platinum):
- You own title to specific coins and/or bars, which are placed in a physical form in the PMDS storage facility.
- You pay the quoted precious metal cost, fabrication charges and storage fees at the time of your purchase.
- Storage fees are based on the purchase value of your precious metal, so your storage costs will not rise if precious metal prices increase.
- Annual storage fees are collected every year in advance, with a minimum of six month's storage payable at time of purchase.
The following coins and bars are available under allocated storage:
- Australian Nugget gold coins in eight sizes: 1 kilo, 10oz, 2oz, 1oz, 1/2oz, 1/4oz, 1/10oz, 1/20oz
- Australian Lunar gold coins in seven sizes: 1 kilo, 10oz, 2oz, 1oz, 1/4oz, 1/10oz,1/20oz
- Australian Kookaburra silver coins in four sizes: 1 kilo, 10oz, 2oz,1oz
- Australian Lunar silver coins in five sizes: 1 kilo, 10oz, 2oz, 1oz, 1/2oz
- Perth Mint gold bars in eight sizes: 50oz, Kilo, 20oz, 10oz, 5oz, 2.5oz, 1oz, 1/2oz
- Perth Mint silver bars in five sizes: 100oz, 50oz, Kilo, 20oz, 10oz
- AGR Matthey 400oz gold bar and 1,000oz silver bar
Other Services
In addition to the above, PMDS clients can:
- hold funds in AUD and USD (interest is not paid);
- deposit and withdraw funds in currencies other than AUD or USD;
- place market orders monitored 24 hours a day (100oz minimum for gold and platinum, 10,000oz minimum for silver);
- purchase European style put and call options over gold (in lots of 1000oz) and silver (in lots of 250,000oz);