The Royal Mint makes bullion trading more accessible with launch of Signature Gold service.
M2 EQUITYBITES-June 2, 2015-The Royal Mint makes bullion trading more accessible with launch of Signature Gold service
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The introduction of The Royal Mint's Signature Gold bullion trading service on 2 June 2015 now means that gold trading has opened up to customers who just want to buy a fractional amount of a 400 oz gold bar.
According to the coin manufacturer, the entry-level for its new bullion trading service is just GBP20 and customers are guaranteed full legal title over every ounce of gold that they purchase.
Signature Gold enables The Royal Mint to offer the most cost effective way to own physical gold. Customers are able to purchase gold based on value rather than weight, which means they have more control and flexibility for trading in gold.
The Royal Mint's new service offers its customers a complete end-to-end service from initial purchase to sale. Signature Gold joins The Royal Mint's current range of bullion products, which includes gold and silver coins and bars.
In addition, all Signature Gold customers will be able to store bullion purchased from The Royal Mint in The Vault, a precious metal storage facility which is protected at all times by the Ministry of Defence. Customers will also be given the flexibility to buy and sell the bullion as they choose.
Martin McDade, The Royal Mint's director of Bullion, stated: "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 [pounds sterling]20, this means bullion trading is more accessible than ever and with The Vault[R] 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."
The Royal Mint added that its bullion trading website, http://www.royalmintbullion.com, enables customers to buy, store and sell bullion directly from The Royal Mint quickly, effortlessly and securely, at any time of day, every day of the year. The website also provides constantly updated live prices for gold and silver at a rate linked to the current precious metal price so that customers can confidently purchase at a time that suits them.
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