How to Pay Your Global Gold Storage Fees
Frequently Asked Questions
How much are the storage fees?
Gold has a storage fee of 0.7% per year, and silver has a storage fee of 1.3% per year. Higher amounts of metal holdings have lower storage fee amounts, as referenced in the chart below.
How are the storage fees calculated?
Your Global Gold storage fees are prorated for each year end. You’re paying for the number of days, this year, that you had metals physically checked into the vault, and that were in storage.
For example, if you purchase the metals on November 20th, and they were checked into storage on December 1st -you'd only pay for storage from December 1st-31st of the year. The following year, you'll pay January 1st-December 31st if the metals were in storage the entire calendar ear.
How do I pay the Global Gold storage fees?
You can pay the storage fee online via credit card (preferred) or with a bank wire. Please reference the step-by-step guide below for a complete walk-through on paying the fees online via credit card or sending a bank wire.
When are the storage fees due?
Global Gold storage fees should be paid by January 31st each year. Though it's never happened to Nabers Financial clients, if you don't pay the storage fees on time, a portion of your metals may be sold with proceeds used to pay the delinquent storage fees. Avoid any headache and pay on time.
Reach out to a Nabers Financial support team member if you need any help paying your storage fees on time!
To get the best help - download the guide below:
Disclaimer: None of the information provided here is tax, legal, or investment advice nor should it be conveyed as such. All information is subject to the full terms and conditions.