Storing Your Precious Metals
The safety and security of what you own is important to you. That’s why it is important to us.
You own, our partners store.
Many people avoid owning physical precious metals due to concerns about secure storage. We understand this challenge, which is why we go beyond simply making it easy to purchase precious metals. We also collaborate with top-tier storage facilities, providing a secure solution for clients who prefer not to take delivery of their assets.
Our partners are your partners—fully insured, world-class, non-bank depositories dedicated to safeguarding your assets.
Our clients’ metals are securely stored in world-class, non-bank depositories. Each holding is fully allocated and protected by a comprehensive all-risk insurance policy underwritten by the world’s leading specialty insurance provider.
With 100% ownership, your holdings are entirely yours. They are not included on the balance sheets of Midas Jewel, the depository, or any other entity. Every ounce remains free from collateralization or hypothecation of any kind.
Our partnership with these depositories extends beyond secure storage. We’ve collaborated to integrate advanced technology, offering our clients an enhanced level of security and trust.
How much does it cost to store my precious metals?
A small monthly storage fee of 0.05% (five-hundredths of one percent) applies to your holdings. To simplify the process, this fee is automatically deducted from your gold or silver holdings on the first of each month. For instance, if you have 20 ounces of silver in your account, just 1/100th of an ounce of silver will be deducted to cover the storage cost.