| Exchange Metals and Currencies | | | Convert between precious metals or between a variety of currencies |
Currencies continually fluctuate in relation to each other, as do precious metals. GoldMoney makes it easy to convert between metals or between currencies, enabling our customers to leverage the value of one metal or currency to purchase another.
Currently a gold ounce costs $1,150.30 and a silver ounce costs $18.48. To convert $75,000 of your gold into silver, our exchange system will sell your 65.2003 ounces of gold (75000/1,150.30) and buy 3,942.14 ounces of silver (75000/(18.4800*1.0295)).
Metal Exchange Fee The fees below are applied for exchanges between metals (i.e., silver to gold) and between vaults (i.e., gold in London to gold in Zurich). Therefore, a conversion of silver to gold or London gold to Zurich gold would be applied using the rates stated in the Gold Exchange Rates table below. | | | |
Gold Exchange Rates
| Current Spot Rate |
| $36.9840/gg |
| $1,150.30/oz |
| |
GoldGrams |
Ounces |
Rates |
| $1 - 9,999 |
$37.7200 |
$1,173.2202 |
1.99% |
| $10,000 - 99,999 |
$37.6312 |
$1,170.4582 |
1.75% |
| $100,000 - 499,999 |
$37.3945 |
$1,163.0960 |
1.11% |
| $500,000 - 999,999 |
$37.3169 |
$1,160.6824 |
0.90% |
| $1,000,000+ |
$37.2725 |
$1,159.3014 |
0.78% |
| | | | |
| | | |
Silver Exchange Rates
| Current Spot Rate |
| $18.4800/oz |
| |
Ounces |
Rates |
| $1 - 9,999 |
$19.0695 |
3.19% |
| $10,000 - 99,999 |
$19.0251 |
2.95% |
| $100,000 - 499,999 |
$18.8773 |
2.15% |
| $500,000 - 999,999 |
$18.8329 |
1.91% |
| $1,000,000+ |
$18.8034 |
1.75% |
| | | | |
| | | |
Platinum Exchange Rates
| Current Spot Rate |
| $46.3936/pg |
| $1,443.00/oz |
| |
Platinum Grams |
Ounces |
Rates |
| $1 - 9,999 |
$48.0220 |
$1,493.6474 |
3.51% |
| $10,000 - 99,999 |
$47.9014 |
$1,489.8964 |
3.25% |
| $100,000 - 499,999 |
$47.4931 |
$1,477.1968 |
2.37% |
| $500,000 - 999,999 |
$47.3725 |
$1,473.4458 |
2.11% |
| $1,000,000+ |
$47.2890 |
$1,470.8486 |
1.93% |
| | | | |
Currency Exchange Fee A currency-to-currency exchange fee of 0.49% is applied to all currency conversions, regardless of transaction size. The fee is in addition to any exchange rate GoldMoney is charged by the banks or exchange providers with which it works.
Please note that US-resident customers are not able to engage in currency-to-currency exchanges. | |
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