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He who holds the gold makes the rules. -Old saying

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Why Gold

  • Reserve Wealth by Gold

    Gold is a precious metal with live price fluctuations. Over an extended period, gold has always reserved a steady appreciation over various currencies (see Pic.), while the fact is the continual devaluation of all currencies. Therefore, compared to the currency, holding gold is more potent in retaining value and hedging against inflation.

    Compared with gold ETFs, futures and other financial products, holding physical gold is a conservative way to keep wealth. Although not suitable for arbitrage, physical gold is more secure and safer. Your wealth is what in your hands, we firmly believe that: "one piece of gold is one piece of the purchasing power" and commit to protecting your wealth through such faith and our efforts.

  • Precious for Rare

    Gold has become a favourite of human beings for thousands of years because of its rareness and stability. From ancient times, people have used gold as a denomination and trading instrument. No currency or any other kind of precious metal is as universally recognised by all human as gold does in the modern society.

    Throughout our history, people all over the world used gold not only for keeping wealth but also used it to make beautiful objects and precious jewellery, as well as a precious gift for emotional communication. No matter in which country around the world people recognise the value of gold, acknowledge it as rare and precious and regard it as a stable asset.

  • An Equitable Pricing Tool

    If you agree that people shall trade fairly, then you would agree with that - something universally recognized by all human beings should be used as a pricing instrument and a medium of exchange. The fact is gold is the most equitable pricing tool repeatedly selected, tested and approved by human society for thousands of years.

    No matter the U.S. dollar in the middle of the last century or the British pound and the Japanese yen before the World War I, they all had persevered in the principle of "Gold Standard" for a long time. However, in the recent forty years or so, as the Keynesianism became prevalent, the modern societies have gradually forgotten the "Gold Standard" principle for fair trade protection. Nowadays, human society has fallen into a "credit currency" system which relies on overdraft and suffers from the consequences of inflation at all times. The wealth has been continuously eroded by seigniorage taxes, especially in the developing countries, people still suffer from the unrest caused by the terrible fluctuation of the currency exchange rate derived from the “credit currency” from time to time, which severely damages the fairness of human society.

    We suggest that all of us in the modern society shall re-recognize the value of gold in the transaction, regain the worth of fair trade. Gold Intrust is making efforts to create a better commercial environment where gold could be a trading and pricing medium, presenting an appropriate and convenient standard trading facility for our clients.

Buy Gold

  • Excellent Quality

    The gold chosen by Gold Intrust is of high quality and is cast by the world-famous mint - The Perth Mint. The Perth Mint has a long history. Its products have an excellent reputation in the international market, and their quality is universally acknowledged.

    The Perth Mint opened in 1899. It is now wholly owned by the Western Australian government. The Perth Mint was initially operated by one of three branches of the Royal British Mint in Australasia, and it is still open today while the other two branches, Sydney Mint and Melbourne Mint Already, had been closed. The excellent quality of its products has brought The Perth Mint a global reputation over a hundred years.

    All of the gold products manufactured by the Perth Mint are guaranteed by Australian law for purity and quality, generally at a slightly higher price than gold sold by other traders ($5 to $6 AUD per Troy ounce), but at a better price and lower trade-in depreciation rate on repo than the products of other gold manufacturers and traders.

    Almost all gold bullion produced by the Perth Mint has been registered with the LBMA and are Good Delivery Bullion that can be traded directly all over the world at commodity exchanges, including ASX, LME, LBMA and CME, and main financial institutions Banks, most of which are members of LBMA. Because of the high quality of Perth Mint bullion, they often enjoy a premium or a lower repo (trade-in/buy-back) depreciation rate on the exchange or repo.

  • Minted Gold Bars and Standard Gold Bars

    There are two types of the gold bullion, minted gold bars and standard gold bars/cast gold bars. The minted gold bars are made with delicate patterns for anti-counterfeiting and is packed with a tamper-proof packaging, and each one is with a unique identification code registered with the LBMA, causing higher production costs while the transaction price including a higher cost of Fabrication Premium, suitable for retail clients to buy. Clients can take minted gold bars out of the storage, generally to withdraw from our vaults.

    Standard gold bars, except 1kg bars, basically are not withdrawable, because there is no unique number on them. To avoid the relevant legal and operational risks, standard gold bars are only open to clients for issuing gold notes.

    Also, we do not provide any repo (trade-in/buy-back) of the gold bullion that has been delivered out from the vaults. Our clients shall cash them out in any significant financial institutions all over the world. For reducing the depreciation ratio, we suggest our clients cash the gold bars out in tax-free areas such as London and Hong Kong. Generally, large financial institutions provide a repo (trade-in/buy-back) depreciation rate of 3% to 4%.

    We only provide repo of gold bars that have not ever been withdrawn out of the storage. The repo depreciation rate is 2.8% to 3.5%.

  • Buy Gold in Australia

    Australia is the second largest producer of gold and the largest gold exporter in the world with an ample supply of gold spot as well as relatively stable and transparent transaction prices.

    The Australian bullion is famous for its high quality all over the world. As we know, the quality of Australian gold product is strictly supervised by the laws of Australia. Gold bullion produced by Perth, which is the central gold producing area of Western Australia, is recognised by global major commodity exchanges and can be traded directly on LBMA, ASX, LME or CME with full liquidity protection.

    Australia is also one of the few countries in the world that do not impose a value-added tax or excise tax on gold trading. Exporting gold in Australia exempts from tariffs, which allows private individuals and enterprises to ship their gold holdings out of or to enter the country border at a favourable cost.

  • AML/CFT

    Under Australian Anti Money Laundering and Counter-Terrorism Financing regulations, clients must provide us with certain identification documents if purchase over $5,000 AUD monthly. A passport containing photograph and signature, National Identity Card containing a photograph, and Driver’s License containing a photograph and signature could be accepted as identification documents. All documents must be certified/ notarised and current, while passports must be valid for more than three months. If any of the above documents are written in a language other than English, they must be accompanied by an English translation prepared by an accredited translator.

    Please pay particular attention that when you pick up the gold purchased you must present the original copy of the Identification Documents used at the time of purchase. If the documents cannot be provided or the documents do not match the original documents of the purchaser, we reserve the right to refuse to deliver the gold and to report any suspicious circumstances to the Australian Law enforcement authorities according to the relevant laws of Australia.

  • Trading Time & Quotation

    The benchmark time for all transactions and quotations for our company is Western Australia time - Perth time, UTC / GMT +8 hours.

    Trading and quotations are in Australian dollars, and the unit of measure is Troy ounce - ozt, 1 Troy ounce equals 31.1035 grams.

    Transactions and quotes must be on a trading day - Australia ASX exchange open trading time, if not on the trading hours, then postponed to the next trading day.

    During the non-trading session, our internal system reference quotation is LBMA quotation, which is for reference only. The actual transaction prices will be all based on ASX quotation.

  • Gold Trading Cost

    Gold Trading cost shall be based on the total value of the purchased gold.

    • 1.1% of Purchase Value (including Tax 10% VAT), down to 0.65% for a single purchase over 200 ozt .
    • 1.1% of Repo Value (including Tax 10% VAT), down to 0.80% for a single sell over 200 ozt .

    Costs are negotiable for wholesale of large amounts.

  • Trading and Payment

    Due to real-time changes in the gold price, small transactions of less than $5,000 AUD may be subject to a fixed deposit, which will not be refunded if the customer waives the purchase, and the remaining amount could be paid upon pick up for pick-up transactions only.

    For purchases of gold over $5,000 AUD, clients must register for identity information firstly, and after authentication, pay in full following the billing instructions. After the payment arrives, the transaction will be executed following customer instructions at a price on a particular time on that day or postponed to the next trading day, which is subject to Western Australian trading hours. The balance shall be refunded on client requirement and shall be offset various fees, generally including custodial fees, delivery fees, transaction fees, etc. The payment breakdown could be found on the actual bill. The clients shall cover fees and bank charges.

  • Pick up, Transport and Delivery

    The physical delivery of gold is in two ways: clients could pick up personally at our designated locations, or ask for using third-party security delivery services to deliver to the customer.

    All pick-up services are provided only in countries or regions where there is no gold import duty, gold excise duty or value-added tax. We provide delivery service only for clients in the following countries and regions, and the delivery destinations would be the major cities in the region: Switzerland, United Kingdom, Australia, New Zealand, Singapore, and Hong Kong. (Services in the U.S. and Canada are to be open soon.) Clients from other regions could select the nearest destination from the areas above to pick up.

    To pick up more than 500 Troy oz is only available in Australia, New Zealand, Switzerland, UK, Singapore, and HK. Pick-up locations: Our designated vaults located in Perth, Auckland, Zurich, Singapore, and HK. (London is to be open soon.) Due to safety reason, a single pick-up cannot exceed 1000 Troy oz, no more than one pick-up in one day.

    Secure courier service is only available for retail gold clients: Toll for clients in Australia and New Zealand, UPS and DHL for international clients. The value of each UPS package cannot exceed $3,000 AUD [around 2 Troy oz], while each DHL courier Package cannot exceed $5,000 AUD [around 3 Troy oz]. The over-value package could be sent separately if possible. In countries where there are gold import duties, value-added tax or consumption tax (such as in China), consumption tax (such as in Japan); clients need to deal with the taxes by themselves.

Store your Gold

  • Ideal Legal System to Protect Private Property

    New Zealand law inherits the Common Law of the United Kingdom. There is sound, transparent and open legal system in New Zealand, with predictable and strong continuity, achieving adequate protection of private property (including foreigners' possessions). New Zealand is one of the most suitable places for business activities all over the world.

    New Zealand is with outstanding social stability, small Gini coefficient, low crime rate, excellent geopolitical environment, and extremely low risk of war. All the above advantages result in low costs and insurance rates of gold storage in New Zealand, very suitable for long-term storage of gold.

    At the same time, Australia and New Zealand are economically integrated under the Tasman Agreement (CER & TTMRA), which makes the gold transport much more convenient. The transfer of assets and rights between these two countries is transparent and compliant, adequately protecting the legitimacy of your property.

    It is duty-free for trading gold, zero-tariff on importing and exporting of gold in New Zealand as well as Australia (5% tariff on import). Local laws allow private or corporations’ gold to be carried abroad. Clients would obtain maximised convenience to pick up physical gold in New Zealand and take it to their destination.

  • Cautions of Gold Storage

    1. Please prepay in full cost of storage in advance, to avoid unexpected disposal of the stored gold due to the overdue storage fees, which might result in unnecessary losses to the holder.
    2. If you anticipate the possibility of unexpected disposal of the stored gold due to the overdue payment of storage fees, please also store a small amount of fragmented gold at the same time. For example, a 300 ozt gold bar can be replaced with 5 pieces of 50 oZ gold bricks, 4 pieces of 10 ozt, one piece of 5 ozt and 5 pieces of 1 ozt bricks. In this way, scattered gold would be firstly disposed of, avoiding the disposal of breaking a whole gold bar, causing more losses to the holder.
    3. Different vaults differently calculate storage period. In most cases, a storage period of less than a month will be counted as the entire month valuation. Please properly estimate your storage time to cover the actual storage needs.
    4. We suggest our clients purchase related insurance at the same time as storing a large amount of gold to protect your interests more safely. Even if the risk is minimal, we cannot guarantee that the Perth Mint, the New Zealand Mint, the New Zealand vault, the Credit Suisse and other similar institutions and corporations are not exposed to operational risks such as bankruptcy or other risks of force majeure.
    5. Clients should provide your real and valid contact information (telephone and email) and keep it up to date so that we could be able to notify you of any material matters without further notice to avoid any loss resulting from the inability to contact you.

  • Cost of Gold Storage

    Different vaults vary in cost from 1% to 2.3% per annum, depending on their storage environment and running cost. The bills would be based on the average daily price of storage period or the price of the first day of each quarter.

    Cost of store insurance would be according to customer requirement. Prices and underwriting terms vary among different insurance companies. The price is generally from 1% to 2% per annum.

  • Vault and Safe

    For reasons of safety and ease of operation, in general, we suggest our clients store their gold in the New Zealand Mint Vault located in Auckland; however, for temporary storage of fewer than six months, we recommend storing the gold in the vault of Perth Mint, Western Australia. The storage price of the vault is 1% per annum, with no need to purchase additional insurance.

    Self-sustaining gold of Gold Intrust, as well as gold used by standard gold notes, are stored in our specified vaults in Auckland and Wellington in New Zealand, and in Zurich, Switzerland.

    Clients holding a large amount of gold (more than 3,000 ozt) without a delivery request in the short term can ask for entrusted storage. We will also keep it in the above-specified vaults. For security reasons, the storage locations will remain entirely confidential, without notifications to the principal. The price of entrusted storage will not exceed 1.2% per annum (except in Switzerland where 2.3% for the first year and 1.5% per annum for the following years). Insurance costs will depend on the actual situation.

    For legal and security reasons, Gold Intrust only offers storage for the gold bought directly from the Perth Mint by Gold Intrust and deposited directly into the vaults. We DO NOT provide storage services for gold from other sources, including gold bullion from Perth Mint which had been previously shipped out to clients.

    If you would like to store your gold which is already out of the vaults mentioned above, we recommend that you could contact your bank whose vaults or safes are open to individual clients. The prices and related matters should be available from the appropriate bank representatives.

    • For clients from the Asia Pacific region, we recommend that you deposit your gold in bank vaults or safes for rent in Hong Kong or Singapore, such as HSBC and other large financial institutions.
    • For clients from the European region, we recommend that you deposit your gold in a bank vault or safe in London or Zürich, such as HSBC, Credit Suisse, Royal Bank of Scotland and other large financial institutions.

  • Oversea Deposit Proposal

    If you wish to deposit gold outside Australia and New Zealand, we suggest that you could ship your gold to the countries/regions such as Switzerland, the United States, the United Kingdom, Hong Kong and Singapore, where it is tax-exempt for gold trading and Zero Tariffs for gold imports and exports, with local laws allowing private individuals and corporations to carry the gold abroad.

    We DO NOT recommend our clients to ship gold to South Korea, India, Philippines, the mainland of China and other countries/regions if you might conduct cross-border transportation of your gold in the future, for in such countries there apply strictly limitation on importing and exporting gold. Export tariffs will be imposed on all individuals and corporations when shipping gold abroad, at the same time, it needs to pass a series of examination and approval process for shipping out the gold, and to export a large amount of gold in such countries is strictly limited.

    Please also notice that if you would like to ship your gold to countries such as China and Japan, which countries impose a consumption tax, value-added tax, customs duties on gold imports, it would be better arranging tax payment in advance for your convenience.

  • Cash out / Gold repo

    How to get the best repo (trade-in/buy-back) price

    We suggest our clients seek for large financial institutions in Hong Kong, Singapore, Switzerland and other financially developed areas to liquidate gold. As the financial industry in these countries or regions is highly developed and highly competitive, the gold repo will be less depreciated.

    As all of our products are Good Delivery gold bullion certified by LBMA, we strongly recommend our clients to find financial institutions holding LBMA membership to cash out your gold to achieve the best repo price. Please notice that most major financial institutions in the world are LBMA members and you could also find the specific list of LBMA members on LBMA official website.

    If there is a special sealed pack of Perth Mint, please DO NOT to tear it apart or discard it, so that you could get the highest possible price for repurchase.

    If you would like not to withdraw your gold out of the storage, you could get a favourable repo (trade-in/buy-back) depreciation rate down to 2.8%. To buy and store gold without withdraw is also a low depreciation solution for your investment.

  • Lost Remedy

    Among our products, Minted gold bars and 1kg standard gold bars are Good Delivery gold bullion with unique Identification Code registered with LBMA on their package, if lost or stolen, our clients shall submit application asking LBMA to publish lost notices on the official website by providing purchase Invoice and proof of personal identity documentary evidence (related cost refers to LBMA). Once registered, the missing gold bars will not be accepted by LBMA members, and they will notify local law enforcement agencies once the members find the missing gold bars.

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