The prices of precious metals are ‘fixed’ daily on London Bullion Market Association (LBMA) ‘fix’. This fix is twice daily for gold at 10am and 3pm and daily for silver at 12pm. Consequently, all trade in these metals is based upon this daily ‘fix’. In addition, we add a small margin – our commission – to the LBMA price. Our margin varies based upon quantity bought or sold.
IMGold charge 0.48% pa. for the insured storage of gold, 1.80% pa. for the insured storage of silver. As a bulkier metal/value our prices again depend upon quantity stored and duration of the contract but are always competitive.