Logo Auroprice – Price purchase/sale of gold

Prices, costs and fees

BUY AND SELL

SPREAD 0,5 % on PM Fixing

SWISS STORAGE

from 2,9€ /Month Insured Vault

 

The AUROPRICE is the effective gold trading price, that is used by Auromoney to execute the orders of our customers.

The reference price of all transactions is the Fixing PM. The AUROPRICE is simply the Fixing PM plus our transaction fees.

All the costs, even when expressed in the customer's reference currency, will be debited in grams/gold on the customer’s deposit account, at the exchange rate of the Fixing PM of the day of execution.


Purchase gold from Auromoney

Buy Function
Order Means of Payment Reference Price Fee %
Purchase Bank transfer Fixing PM + 0,5%

For all BUY orders, the transaction fees are added to the FIXING PM reference price of the day of execution, constituting the AUROPRICE BUY, the effective price of the purchase.


Selling gold to Auromoney (SELL Back)

Sell Function
Order Crediting method Reference Price Fee % Fix Cost
Sale Bank Transfer Fixing PM - 0,5% No cost
Sale AUROCARD Fixing PM - 0,5% No cost

For all SELL orders, the transaction fees are deducted from the reference FIXING PM price of the day of execution, constituting the AUROPRICE SELL, the effective selling price.


Storage Costs 

Your Gold is allocated and stored in high-security vaults

Place: SWITZERLAND  |  Secure Storage Partner: Loomis International AGGold swiss safe

Range of deposit in euro Fix cost per month Cost per month %
From 0 to 1000 Euro 2,9 € 0,00 %
From 1000,01 to 5000 Euro 2,9 € 0,03 %
From 5000,01 to 40000 Euro 2,9 € 0,025 %
Over 40000,01 Euro 2,9 € 0,015 %

Example of monthly storage costs for a gold deposit of € 5000.
Fixed fee  2,9 € + Cost per month % 1,5 € (5000 x 0,03%) = 4,4 € /month.

Monthly payment costs, charged in gold grams in the customer's AURO account.


Physical withdrawal in gold bars

Gold bars Cost of production Withdrawal Fee %
10 grams € 29,00 0%
100 grams € 59,00 0%
1000 grams € 189,00 0%

Shipping costs

Zone Weight of parcel Insured value Cost
Europe < 1Kg € 0-3000 € 25,00
Europe < 1Kg € 3000-15000 € 45,00
United Kingdom < 1Kg € 0-3000 € 35,00
United Kingdom < 1Kg € 3000-15000 € 65,00
Europe + UK > 1Kg > € 15000 Quote upon request

Miscellaneous costs

Service Cost
Sms alert € 0,10
Change of the linked bank account € 20,00
Change of the address of residence or phone number € 10,00
Return of funds due to causes, imputable to customer € 30,00
Other commitments and/or extraordinary administrative services € 80/hour Max 500 euro + incurred expenses

VAT will be added to the costs, when applicable and required by the relevant legal framework.

 

Any questions?

Have a look out our FAQ section to find the answers you're looking for.