The Royal Mint launched Signature Gold, a brand new addition to its bullion trading service, reports Asian Lite.
Opening up the world of gold trading to everybody, Signature Gold guarantees customers full ownership over their gold, and the entry-level is just £20.
Signature Gold allows customers to purchase and own a fractional amount of a 400 oz gold bar. These large bars of gold allow The Royal Mint to offer economies of scale and pass on the savings. It also enables customers to purchase gold based on value rather than weight, providing increased control and flexibility.
Signature Gold is the most cost effective way to own physical gold from The Royal Mint and offers customers a complete end-to-end service from initial purchase to sale. This new service joins The Royal Mint’s existing range of gold and silver coins and bars to offer customers a complete range of bullion products.
All bullion purchased via Signature Gold will be stored in The Vault, The Royal Mint’s precious metal storage facility, which is protected at all times by the Ministry of Defence. Customers will hold full legal title over every ounce of gold that they purchase, with the flexibility to buy and sell as they choose.
Martin McDade, The Royal Mint’s Director of Bullion, says, “The launch of our online bullion platform last September opened up gold trading to an audience that may previously have been put off by the perceived complexities of the market.
“With the introduction of Signature Gold, we hope to expand this audience even further. With prices starting at just £20, this means bullion trading is more accessible than ever and with The Vault® storage facility, we can offer customers complete peace of mind from start to finish. Our 1,000 year history and world-renowned heritage means that we are globally recognised as a reliable authority on precious metals.”