What is the cost/fee for vault storage? How is it calculated?
Tiered storage fees from 0.50%-0.80% annually based on account value
At GBI Direct, your precious metals—100% physically allocated gold, silver, platinum, or palladium—are securely stored in your name in a Class-3, ultra-secure vault of your choice. Your holdings are protected by industry-leading security providers such as Brinks, Loomis, and Malca Amit, with 24/7 surveillance and armed security.
How much does storage cost?
Storage fees are based on the total value of metals in your account. The higher your account value, the lower your storage rate. Rates are consistent across all our vault locations for the default storage option.
| Total Account Value | Gold, Platinum, Palladium | Silver |
| $0 – $100,000 | 0.70% per year | 0.80% per year |
| $100,000 – $500,000 | 0.65% per year | 0.75% per year |
| $500,000 – $1,000,000 | 0.60% per year | 0.70% per year |
| Over $1,000,000 | 0.50% per year | 0.60% per year |
How are storage fees calculated and billed?
- Daily Accrual: Fees are calculated daily based on the resale value of the metals in your account.
- Quarterly Billing: You are billed once per quarter, and the amount is automatically withdrawn from your available cash balance.
- Insufficient Funds: If your account lacks sufficient cash, you’ll be notified and given a grace period to fund your account.
- Minimum Fee: Assets not enrolled in MetalStream are subject to a $15 minimum quarterly storage fee per account.
This storage is the default option. If you require an upgrade to Reserved storage we do that too!