GoldMogul is a platform for investing in physical gold and silver.

All gold kilo bars in GoldMogul are refined and produced by the Royal Canadian Mint. The Royal Canadian Mint participates in the Responsible Precious Metals Certificate Program, which identifies and validates the chain of custody of incoming refining deposits.

GoldMogul kilo bars are 99.99% (.9999) pure gold. The bars are also stamped with the Royal Canadian Mint’s mintmark seal, as well as its .9999 gold fineness.RCM bars are considered a premium gold product because of their purity and elegant design.

All silver bars in GoldMogul are sourced from refiners accredited by the LBMA. They are in compliance with all relevant KYC and Anti-Money Laundering regulations. GoldMogul silver is stored in the vaults of HSBC Bank, which means GoldMogul clients are plugged into the largest, safest, and most liquid silver market in the world.

The 1,000 oz silver bars have a minimum fineness of 999.0 parts per thousand (99.9% pure silver). The LBMA has strict requirements for the casting method, shape, appearance, and dimensions of all bars. Each bar is stamped with its serial number, fineness, and imprint of its LBMA-approved refiner.

There is a one-time 1% premium included on all gold transactions. This premium is added to the wholesale gold price, which is the price we pay to acquire or sell your gold on the professional market. (Your buy price = Wholesale price + Premium) The GoldMogul platform clearly displays your total buy price and total sell price every time you make a transaction.

There is a one-time 1.8% premium included on all silver transactions. This premium is added to the wholesale silver price, which is the price we pay to acquire or sell your silver on the professional market. (Your buy price = Wholesale price + Premium) The GoldMogul platform clearly displays your total buy price and total sell price every time you make a transaction.

There is an annual maintenance fee of 0.5%, or 50 basis points, based on the average value of the net cumulative gold purchases in your account. This maintenance fee covers the cost of storing gold at the Royal Canadian Mint and maintaining and improving the GoldMogul platform.

There is an annual maintenance fee of 0.8%, or 80 basis points, based on the average value of the net cumulative silver purchases in your account. This maintenance fee covers the cost of storing silver in the HSBC Bank vaults and maintaining and improving the GoldMogul platform. Storing physical silver requires more space than gold, which causes the fees to be higher.

Maintenance fees are charged semi-annually, which means half of the annual fee is billed each July, and the second half is billed each January of the following year. Maintenance fees are generally subtracted from the cash balance in your GoldMogul account. Alternatively, fees will be automatically deducted from your gold balance or silver balance if cash is not made available to cover the fees within 30 days of invoicing.